If a municipality has a population of less than two hundred fifty, the owners of a majority of the real property in the municipality, both in area and assessed valuation, may file a petition for the dissolution of the municipality. The petition for dissolution must be filed in the circuit court of the county in which the municipality is situated. If the municipality is located in more than one county, the petition for dissolution may be filed in either county.

Source: SL 1903, ch 91 , § 1; RC 1919, § 6566; SDC 1939, § 45.3002; SL 2025, ch 38 , § 1.