SDCL § 9-5-20: Continuation in force of ordinances, contracts, rights and liabilities of annexed municipality and school district.

All ordinances, resolutions, contracts, franchises, obligations, rights, and liabilities of the annexed municipality or school district shall continue in force and effect the same as though no consolidation had occurred except as herein otherwise provided or except as completed, discharged, modified, repealed, or otherwise changed in the manner provided by law.