South Dakota Laws > Title 5 > Chapter 12 > § 5-12-46 South Dakota Codified Laws 5-12-46. Legislative approval required for sale and lease-back arrangements Current as of: 2023 | Check for updates | Other versions No sale or lease–back of any land or improvements as described in §§ 5-12-42 and 5-12-43 shall be initiated later than July 1, 1984, without prior legislative approval. Source: SL 1983, ch 32, § 8. Previous sectionNext section Chapter 12 Contents