South Dakota Statutes

§ 5-9-12 — Successful bidder's deposit with commissioner.

South Dakota § 5-9-12
JurisdictionSouth Dakota
Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS
Ch. 5-8SALE OF SCHOOL AND PUBLIC LANDS

This text of South Dakota § 5-9-12 (Successful bidder's deposit with commissioner.) 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 § 5-9-12 (2026).

Text

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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Legislative History

SL 1911, ch 224, § 36; SL 1917, ch 337; RC 1919, § 5660; SDC 1939, § 15.0307; SL 1994, ch 47, § 6.

Nearby Sections

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Bluebook (online)
South Dakota § 5-9-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/5-9-12.