South Dakota § 13-24-5 Oil and gas exploration and development leases authorized--Private or public sale.

South Dakota Statutes

§ 13-24-5 — Oil and gas exploration and development leases authorized--Private or public sale.

South Dakota § 13-24-5

Title 13EDUCATION

Ch. 13-24SCHOOL GROUNDS AND BUILDINGS

This text of South Dakota § 13-24-5 (Oil and gas exploration and development leases authorized--Private or public sale.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 13-24-5 (2026).

Text

The school board of any school district in this state is hereby authorized and empowered to lease its grounds, or any part thereof, for oil and gas exploration and development, for a primary term not to exceed ten years and as long thereafter as oil or gas is or can be produced. Such sale may be at private or public sale, and with or without notice, as may be provided in the resolution of the school board authorizing the same.

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The school board of any school district in this state is hereby authorized and empowered to lease its grounds, or any part thereof, for oil and gas exploration and development, for a primary term not to exceed ten years and as long thereafter as oil or gas is or can be produced. Such sale may be at private or public sale, and with or without notice, as may be provided in the resolution of the school board authorizing the same.