49-37-20. Other contracts with municipalities--Authority of municipality. Contracts, other than franchises, which any municipality is empowered to make with any consumers power district to furnish such municipality, or its inhabitants, with electrical energy, shall be made in the same manner and upon the same terms and conditions as such municipality is now or hereafter empowered to make with any private corporation to furnish such municipality, or its inhabitants, with electrical energy.
Source: SL 1950 (SS), ch 17, § 72; SDC Supp 1960, § 52.1771.