S.D. Admin. R. 41:13:04:02

Current through Register Vol. 51, page 70, December 27, 2024

Section 41:13:04:02 - Assignment, sale, or transfer

A concessionaire may assign, sell, or transfer the concessionaire's possessory interest in a concession lease or agreement in the event of death to a beneficiary, assignment for collateral purposes to a lender, or a transfer to existing partners or shareholders only with prior written approval of the commission.

S.D. Admin. R. 41:13:04:02

16 SDR 148, effective 3/21/1990; 32 SDR 55, effective 10/17/2005.

General Authority: SDCL 41-17-1.1(6).

Law Implemented: SDCL 41-17-1.1(6).