South Dakota Codified Laws 38-8-58. Acquisition, administration, improvement, and disposition of property by district
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A conservation district, and the supervisors thereof, shall have the following powers, in addition to others granted in other sections of this chapter:
(1) To obtain options upon and to acquire by purchase, exchange, lease, gift, grant, bequest, devise, or otherwise, any property, real or personal, or rights or interests therein;
Terms Used In South Dakota Codified Laws 38-8-58
- Bequest: Property gifted by will.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market 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
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
(2) To maintain, administer, and improve any properties acquired;
(3) To receive income from such properties and to expend such income in carrying out the purposes and provisions of this chapter; and
(4) To sell, lease, or otherwise dispose of any of its property or interest therein in furtherance of the purposes and the provisions of this chapter.
Source: SL 1937, ch 19, § 8; SDC 1939, § 4.1510 (2).