South Dakota § 3-23-7 Officials with contract authority--Description of direct benefit from contract.

South Dakota Statutes

§ 3-23-7 — Officials with contract authority--Description of direct benefit from contract.

South Dakota § 3-23-7

Title 3PUBLIC OFFICERS AND EMPLOYEES

Ch. 3-20CONFLICTS OF INTEREST

This text of South Dakota § 3-23-7 (Officials with contract authority--Description of direct benefit from contract.) 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 § 3-23-7 (2026).

Text

A person described in § 3-23-6 derives a direct benefit from a contract if the person, the person's spouse, or any other person with whom the person lives and commingles assets:

(1)Is a party to or intended beneficiary of any contract held by the school district or cooperative education service unit;

(2)Has more than a five percent ownership interest in an entity that is a party to any contract held by the school district or cooperative education service unit;

(3)Acquires property under the contract; or (4) Will receive compensation, commission, promotion, or other monetary benefit directly attributable to any contract with the school district or cooperative education service unit.

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A person described in § 3-23-6 derives a direct benefit from a contract if the person, the person's spouse, or any other person with whom the person lives and commingles assets: (1) Is a party to or intended beneficiary of any contract held by the school district or cooperative education service unit; (2) Has more than a five percent ownership interest in an entity that is a party to any contract held by the school district or cooperative education service unit; (3) Acquires property under the contract; or (4) Will receive compensation, commission, promotion, or other monetary benefit directly attributable to any contract with the school district or cooperative education service unit.