South Dakota § 8-10-32 Township authorized to enter lease

South Dakota Statutes

§ 8-10-32 — Township authorized to enter lease

South Dakota·Title 8 TOWNSHIPS·Ch. 8-10 TOWNSHIP FISCAL AFFAIRS

The provisions of § 8-10-7 or 8-10-8 or any other provision of law notwithstanding, any township may enter into a lease - purchase agreement for a term of years, not exceeding ten, for the purchase or lease by the municipality of real or personal property. Any lease - purchase agreement for a term exceeding one year requires the approval of more than sixty percent of the members - elect of the board of supervisors.

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The provisions of § 8-10-7 or 8-10-8 or any other provision of law notwithstanding, any township may enter into a lease - purchase agreement for a term of years, not exceeding ten, for the purchase or lease by the municipality of real or personal property. Any lease - purchase agreement for a term exceeding one year requires the approval of more than sixty percent of the members - elect of the board of supervisors.

South Dakota § 8-10-32 (Township authorized to enter lease) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.