South Dakota Codified Laws 7-30-11. Separation of subdivisions and reoffer if satisfactory bid not received
Current as of: 2023 | Check for updates
|
Other versions
When a tract is offered for lease and no satisfactory bid is received therefor, the legal subdivisions thereof, if any, may be separately offered; or such tract may be offered in connection with contiguous tracts which have been offered and for which no acceptable bid has been received.
Terms Used In South Dakota Codified Laws 7-30-11
- 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 1937, ch 86, § 6; SDC 1939, § 12.2216.