SDCL § 49-48-3: Acquisition in violation of chapter--Divestiture required--Time to divest.
Where this section sits in the code
- TITLE 49. PUBLIC UTILITIES AND CARRIERS
- CHAPTER 49-48. FOREIGN OWNERSHIP OF ELECTRIC FACILITIES
Any prohibited person that acquires, including by devise or descent, any interest in an electric facility, in violation of this chapter, shall fully divest the interest within one year from the date of acquisition.
Collected 2026-09-03T15:18:57Z. Source file · JSON