South Dakota Statutes
§ 41-4-7 — Minimum price of timber sales--Sale to highest bidder--Rejection of bids and readvertisement.
South Dakota·Title 41 GAME, FISH, PARKS AND FORESTRY·Ch. 41-4 LAND ACQUISITION AND MANAGEMENT BY STATE
No sale may be made under §§ 41-4-4 to 41-4-6 , inclusive, unless the sum offered is at least ninety percent of the appraised value of the timber as fixed by the state forester, and all sales shall be made to the highest responsible bidder. The Department of Game, Fish and Parks may reject any bids and readvertise the sale if no bid is satisfactory, or if the department believes any agreement has been entered into by the bidders to prevent competition.
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South Dakota § 41-4-7 (Minimum price of timber sales--Sale to highest bidder--Rejection of bids and readvertisement.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SDC Supp 1960, § 25.1308 as enacted by SL 1966, ch 73, § 2; SL 1984, ch 276, § 5; SL 2009, ch 206, § 36.
Nearby Sections
15
§ 41-1-1
Definitions.§ 41-1-1.1
Persons deemed state residents.§ 41-1-1.2
Termination of resident status.§ 41-1-1.3
Definition of trophy animals.§ 41-1-1.4
Definition of nontrophy animals.§ 41-1-13
Report of euthanasia to department.