South Dakota Codified Laws 11-8-36. Appraisal and advertising not required before conveyance, lease or agreement bypublic body
Current as of: 2023 | Check for updates
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Any sale, conveyance, lease, or agreement provided for in § 11-8-34 may be made by a public body without appraisal, public notice, advertisement, or public bidding.
Terms Used In South Dakota Codified Laws 11-8-36
- Appraisal: A determination of property value.
- 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 1966, ch 149, § 14 (2).