South Dakota Codified Laws 11-7-81. Retention of redevelopment property for housing project–Housing funds transferredto redevelopment funds
Current as of: 2023 | Check for updates
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The commission may retain real property for use for a housing project if such use be in conformity with the redevelopment plan. In such case, there shall be transferred to the redevelopment project funds from the housing project funds, the amount determined to be the fair value of such property for use in accordance with the redevelopment plan.
Terms Used In South Dakota Codified Laws 11-7-81
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
Source: SL 1950 (SS), ch 13, § 19, subdiv 1; SDC Supp 1960, § 45.3619 (1).