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§ 11-8-40 Urban renewal agency created--Finding and election required before exercise of powers.

SD Codified L § 11-8-40 (2019) (N/A)
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11-8-40. Urban renewal agency created--Finding and election required before exercise of powers. There is hereby created in each municipality a public body corporate and politic to be known as the "urban renewal agency" of the municipality; provided, however, that such agency shall not transact any business or exercise its powers hereunder until or unless the local governing body has made the finding prescribed in § 11-8-8 and has elected to have the urban renewal powers exercised by an urban renewal agency as provided in §§ 11-8-38 and 11-8-39.

Source: SL 1966, ch 149, § 17 (1).

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§ 11-8-39 Powers reserved to governing body on delegation to urban renewal agency.
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§ 11-8-41 Appointment and terms of office of commissioners of urban renewal agency.