US Lawyer Database

Section 5-9-11 – Notice to lessee of sale.

5-9-11. Notice to lessee of sale. Fifteen days before the date of sale of any land, the commissioner of school and public lands shall give notice by registered or certified mail, addressed to the record lessee at his record address, of the day, hour, and place of the sale. Source: SDC 1939, §15.0306 as added […]

Section 5-9-12 – Successful bidder’s deposit with commissioner.

5-9-12. Successful bidder’s deposit with commissioner. If a bid is accepted the purchaser shall at once deposit with the commissioner at least thirty percent of the purchase price, or if the land is sold for cash, the purchaser shall deposit the full amount of the price bid. Source: SL 1911, ch 224, §36; SL 1917, […]

Section 5-9-13 – Time of vesting of right or title after sale.

5-9-13. Time of vesting of right or title after sale. No sale shall operate to convey any right or title to any lands for sixty days after the date thereof, nor until the same shall have received the approval of the Governor. Source: SL 1911, ch 224, §36; SL 1917, ch 337; RC 1919, §5660; […]

Section 5-9-16 – Assignment or conveyance under installment contract–Approval required–Form–Filing fee.

5-9-16. Assignment or conveyance under installment contract–Approval required–Form–Filing fee. Any assignment of any rights under such contract, or conveyance of any interest in the lands therein described is ineffective until such assignment or conveyance is first approved, in writing, by the commissioner of school and public lands. The commissioner shall prescribe the form to be […]