South Dakota Statutes
§ 5-10-24 — Maximum price bid by state--Allowance for prior encumbrances.
South Dakota § 5-10-24
JurisdictionSouth Dakota
Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Ch. 5-8STATE SCHOOL AND ENDOWMENT FUNDS
This text of South Dakota § 5-10-24 (Maximum price bid by state--Allowance for prior encumbrances.) 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 § 5-10-24 (2026).
Text
The maximum price which the commissioner of school and public lands shall bid for any such property at any such sale shall be determined by an appraisement, to be made in the same manner that the school and public lands of the state are by law required to be appraised, but such price shall never exceed the amount of prior encumbrances, judgments, interest, and costs.
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Legislative History
SL 1911, ch 224, § 84; RC 1919, § 5714; SDC 1939, § 15.0608.
Nearby Sections
15
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Bluebook (online)
South Dakota § 5-10-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/5-10-24.