South Dakota § 9-39-26 - Separate fund for utility receipts and disbursements--Separate accounts for each utility.
Full text of South Dakota South Dakota Codified Laws § 9-39-26 — Separate fund for utility receipts and disbursements--Separate accounts for each utility., with citation guidance and answers to common questions.
§ 9-39-26. Separate fund for utility receipts and disbursements--Separate accounts for each utility.
A separate fund shall be established in the municipal treasury. Into this fund shall be paid all receipts from the utility operations under the control of the municipal utility board and from it shall be paid all disbursements attributable to the utility operations under the control of the utility board. The utility board shall maintain separate accounts for each utility in such a manner that the accounting records will show proper classification of the revenues and expenditures and the true operating results for each utility.
Source: SL 1955, ch 221, § 5; SDC Supp 1960, § 45.3905 (1); SL 1961, ch 253.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 9-39-26
What does South Dakota Codified Laws § 9-39-26 cover?
Section 9-39-26 ("Separate fund for utility receipts and disbursements--Separate accounts for each utility.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 9-39-26?
A common citation format is "South Dakota Codified Laws § 9-39-26" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 9-39-26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.