South Dakota Codified Laws 5-7-56. Marketing minerals
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Any lease issued under the provisions of this chapter shall contain provisions requiring the lessee to market the mineral within a reasonable time after production is had.
Terms Used In South Dakota Codified Laws 5-7-56
- 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 1993, ch 53, § 12.