Former state-owned dredges allowed to work
out of state in certain circumstances.
ENTITLED, An Act to
revise certain provisions to the dredges transferred from the state to the
South Dakota Lakes and Streams Association.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
That section 46 of chapter 48 of the 1993 Session Laws be amended to read as
All interest, title and rights of ownership in the two eight-inch dredges and one ten-inch dredge
and associated equipment and any money remaining in the dredge wear element replacement fund
established pursuant to
46A-1-80 are hereby transferred to the South Dakota Lakes and Streams
Association, for use in the restoration of lakes and streams
within the State of South Dakota
priority given to lakes and streams in South Dakota
. This transfer is effective only for so long as
the dredges are owned by the association
, remain in the State of South Dakota
and are used for the
above purpose. If the South Dakota Lakes and Streams Association ceases to exist or apply the
dredges to the above purpose, all right, title and interest in the dredges shall revert to the State of
South Dakota. In the event of such reversion, the Bureau of Administration shall sell the dredges
to the highest bidder, notwithstanding any requirements of chapter 5-23; in regard to minimum bids.
Signed February 15, 2002.