South Dakota Statutes
§ 5-9-12 — Successful bidder's deposit with commissioner.
South Dakota·Title 5 PUBLIC PROPERTY, PURCHASES AND CONTRACTS·Ch. 5-8 SALE OF SCHOOL AND PUBLIC LANDS
If a bid is accepted the purchaser shall at once deposit with the commissioner at least thirty percent of the purchase price, or if the land is sold for cash, the purchaser shall deposit the full amount of the price bid.
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South Dakota § 5-9-12 (Successful bidder's deposit with commissioner.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1911, ch 224, § 36; SL 1917, ch 337; RC 1919, § 5660; SDC 1939, § 15.0307; SL 1994, ch 47, § 6.