South Dakota Codified Laws 5-7-36. Records of mineral interests and leases maintained by commissioner
Current as of: 2023 | Check for updates
|
Other versions
The commissioner of school and public lands shall keep in his office a full and complete record of all lease lettings, sales, copies of all leases, a record of the payment of the rentals, a record of the assignment of the leases, a record of the acquisition of all mineral interests, a record of the royalties due and paid, and such other information as shall be determined by him to be of value to the State of South Dakota and the owners of mineral interests and leases.
Terms Used In South Dakota Codified Laws 5-7-36
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Source: SL 1953, ch 72, § 1; SDC Supp 1960, § 15.0516 (4).