The Department of Transportation may lease property acquired under § 31-19-42 that will not be sold immediately.

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Terms Used In South Dakota Codified Laws 31-19-44

  • 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
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2

Source: SL 1961, ch 145, § 4 as added by SL 1967, ch 116.