South Dakota Statutes

§ 5-29-11 — Security for financing.

South Dakota § 5-29-11
JurisdictionSouth Dakota
Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Ch. 5-29RESEARCH PARKS

This text of South Dakota § 5-29-11 (Security for financing.) 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 § 5-29-11 (2026).

Text

The lease, contract, or agreement may permit the private party lessee or contractor, or other parties claiming an interest or right through them, to pledge for commercially reasonable periods of time such rights of use or occupancy as may be possessed in order to obtain financing. However, no such pledge impairs the reversionary interests of the Board of Regents.

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Legislative History

SL 2012, ch 46, § 11.

Nearby Sections

15
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Bluebook (online)
South Dakota § 5-29-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/5-29-11.