South Dakota § 5-9-5 Offer to purchase particular tract--Forfeiture or return of payment.

South Dakota Statutes

§ 5-9-5 — Offer to purchase particular tract--Forfeiture or return of payment.

South Dakota § 5-9-5

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-8SALE OF SCHOOL AND PUBLIC LANDS

This text of South Dakota § 5-9-5 (Offer to purchase particular tract--Forfeiture or return of payment.) 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 § 5-9-5 (2026).

Text

Any person may file with the commissioner of school and public lands a written offer on any tract, which offer shall be accompanied by a payment of fifty cents for each acre in the tract on which the offer is made. If the tract of land is selected for sale in the year in which the offer is made, the payment, once received, is not refundable and the amount shall be deposited to the credit of the permanent fund of the class of land involved. If the tract is not selected for sale by the commissioner or the Board of Appraisal in the year in which the offer is made, the payment shall be returned to the offeror.

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Any person may file with the commissioner of school and public lands a written offer on any tract, which offer shall be accompanied by a payment of fifty cents for each acre in the tract on which the offer is made. If the tract of land is selected for sale in the year in which the offer is made, the payment, once received, is not refundable and the amount shall be deposited to the credit of the permanent fund of the class of land involved. If the tract is not selected for sale by the commissioner or the Board of Appraisal in the year in which the offer is made, the payment shall be returned to the offeror.