South Dakota § 5-7-2 Advertising and auction of mineral leases--Exemptions.

South Dakota Statutes

§ 5-7-2 — Advertising and auction of mineral leases--Exemptions.

South Dakota § 5-7-2

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-7MINERALS ON SCHOOL AND PUBLIC LANDS

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Bluebook

S.D. Codified Laws § 5-7-2 (2026).

Text

It is hereby specifically provided that all leases for prospecting for, producing, and marketing oil and gas, geothermal resources, bentonite, and gypsum, shall be, and for feldspar, mica, coal, and all other minerals or combinations thereof, may be, issued after advertising and sale at public auction to the highest bidder. The public auction may be an electronic event that is advertised and made available to the public via the internet. The sale of sand, gravel, rock, stone, clay, shale, and lake sediment are specifically exempted from the provisions of this section.

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It is hereby specifically provided that all leases for prospecting for, producing, and marketing oil and gas, geothermal resources, bentonite, and gypsum, shall be, and for feldspar, mica, coal, and all other minerals or combinations thereof, may be, issued after advertising and sale at public auction to the highest bidder. The public auction may be an electronic event that is advertised and made available to the public via the internet. The sale of sand, gravel, rock, stone, clay, shale, and lake sediment are specifically exempted from the provisions of this section.

Legislative History

SL 1953, ch 72, § 2; SL 1955, ch 47, § 1; SDC Supp 1960, § 15.0517; SL 1980, ch 40, § 2; SL 1980, ch 42, § 1; SL 1998, ch 30, § 1; SL 2019, ch 46, § 1.