South Dakota Statutes
§ 43-32-2 — Limited term of lease--Agricultural land--Municipal lots.
No lease or grant of agricultural land for a longer period than twenty years, in which shall be reserved any rent or service of any kind, shall be valid. No lease or grant of any municipal lot for a longer period than ninety - nine years, in which shall be reserved any rent or service of any kind, shall be valid.
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South Dakota § 43-32-2 (Limited term of lease--Agricultural land--Municipal lots.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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Legislative History
CivC 1877, § 203; CL 1887, § 2719; RCivC 1903, § 226; RC 1919, § 296; SL 1921, ch 277; SDC 1939, § 38.0403; SL 1977, ch 343; SL 1992, ch 60, § 2.
Nearby Sections
15
§ 43-1-1
Property defined.§ 43-1-2
Classes of property.§ 43-1-4
Land as solid material of earth.§ 43-1-6
Law governing real property.§ 43-1-7
Law governing personal property.§ 43-10-13
Repealed§ 43-11-10
Power in trust defined.§ 43-11-11
General power in trust defined.§ 43-11-12
Special power in trust defined.§ 43-11-13
Capacity to create power.§ 43-11-14
Manner of creating power.§ 43-11-15
Vesting of power.