South Dakota Statutes

§ 11-7-85 — Performance bond required of purchaser or lessee of redevelopment property.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-7 COUNTY AND MUNICIPAL HOUSING AND REDEVELOPMENT
The commission may in its discretion require a purchaser or a lessee to furnish a performance bond as security for its fulfillment of the agreement with the commission. The performance bond shall have such surety and be in such form and amount as the commission may approve.

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South Dakota § 11-7-85 (Performance bond required of purchaser or lessee of redevelopment property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1950 (SS), ch 13, § 19, subdiv 5; SDC Supp 1960, § 45.3619 (5).

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