South Dakota § 5-24A-7 Property with fair market value less than one hundred dollars.

South Dakota Statutes

§ 5-24A-7 — Property with fair market value less than one hundred dollars.

South Dakota § 5-24A-7

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-24DISPOSAL OF STATE SURPLUS PROPERTY

This text of South Dakota § 5-24A-7 (Property with fair market value less than one hundred dollars.) 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 § 5-24A-7 (2026).

Text

If the property has an estimated fair market value less than one hundred dollars, the administrator may designate one of the following methods of disposal:

(1)Transfer to a state agency or authorized entity with or without charge;

(2)Internet sales;

(3)Public auction;

(4)Sale of the property as scrap;

(5)Exchange as trade-in for replacement equipment;

(6)Sales through agents for a negotiated fee;

(7)Direct sales to the public for established prices;

(8)Cannibalization; or (9) Disposal at a landfill, recycling center, or other waste facility.

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If the property has an estimated fair market value less than one hundred dollars, the administrator may designate one of the following methods of disposal: (1) Transfer to a state agency or authorized entity with or without charge; (2) Internet sales; (3) Public auction; (4) Sale of the property as scrap; (5) Exchange as trade-in for replacement equipment; (6) Sales through agents for a negotiated fee; (7) Direct sales to the public for established prices; (8) Cannibalization; or (9) Disposal at a landfill, recycling center, or other waste facility.