South Dakota Codified Laws 43-15A-24. Management or recreation facility contract period limited–Subsequent contracts by councilof co-owners
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No management or recreation facility contract may be entered into by a developer for a period of longer than two years. All subsequent management or recreation facility contracts shall be made by council of co–owners.
Terms Used In South Dakota Codified Laws 43-15A-24
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 1975, ch 270, § 13.