South Dakota Statutes

§ 5-14-22 — Sale or lease of real property for public purpose or industrial development--Authorization of lease--Legislature to approve sales.

South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-13 PUBLIC BUILDINGS AND IMPROVEMENTS
The state may lease or sell on a negotiated basis and convey any of its real property to a municipality or county, or to a nonprofit local industrial development corporation as defined by § 5-14-23 and located therein, to be used by such grantee for an authorized public purpose or industrial development purpose as enumerated in § 9-54-1 . The lease shall be authorized on the terms and in the manner provided by the Legislature. Each sale is subject to approval by an act of the Legislature.

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South Dakota § 5-14-22 (Sale or lease of real property for public purpose or industrial development--Authorization of lease--Legislature to approve sales.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

South Dakota Farm Bureau, Inc. v. Hazeltine
202 F. Supp. 2d 1020 (D. South Dakota, 2002)
7 case citations

Legislative History

SL 1976, ch 63, § 1; SL 1977, ch 48, § 1; SL 2011, ch 2, § 46.

Nearby Sections

15
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