South Dakota Statutes

§ 5-5-31 — Appraisal of improvements--Composition and appointment of board--Report of appraisal--Immunity from liability.

South Dakota § 5-5-31
JurisdictionSouth Dakota
Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Ch. 5-5AGRICULTURAL AND GRAZING LEASES OF SCHOOL AND PUBLIC LANDS

This text of South Dakota § 5-5-31 (Appraisal of improvements--Composition and appointment of board--Report of appraisal--Immunity from liability.) 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 § 5-5-31 (2026).

Text

Any improvement on any school or endowment land shall be appraised by a board of three disinterested freeholders who shall be residents of the county where the property is located. The board of appraisal shall be constituted as follows: the owner of the improvement shall nominate a person to represent the owner, the new lessee or purchaser shall nominate a person to represent the lessee or purchaser, and the two nominees shall nominate a person to serve on the board. The county auditor shall appoint these three persons as a board. The commissioner of school and public lands shall provide the board with an itemized list of each permitted improvement. Each improvement shall be appraised based on the original cost basis less any depreciation as determined by the board. The original cost of th

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Legislative History

SL 1917, ch 339, § 6; RC 1919, § 5638; SDC 1939, § 15.0414; SL 1963, ch 65; SL 1967, ch 36; SL 1984, ch 34, § 9; SL 2018, ch 45, § 3.

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Bluebook (online)
South Dakota § 5-5-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/5-5-31.