{"data":{"id":"us-sd/sdcl-49-40-2","jurisdiction":"us-sd","citation":"SDCL § 49-40-2","heading":"Hypothecation of assets permitted.","body":"If, in order to borrow money, it shall become necessary that a consumers power district mortgage, or otherwise hypothecate, any of its said property or assets to secure the payment of a loan or loans made to it, such district is hereby authorized and empowered to do so.","path":["TITLE 49. PUBLIC UTILITIES AND CARRIERS","CHAPTER 49-40. CONSUMERS POWER DISTRICT DISSOLUTION AND SALE OF ASSETS"],"source_url":"https://sdlegislature.gov/Statutes/49-40-2","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"0845eb310dcd3edc58ce54bb021595e713d5c46f3074676aa428c363e9ed556d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-49-40-1","next":"us-sd/sdcl-49-40-3"},"notice":"GroundRules: Original legal text. Not legal advice."}