S.D. Codified Laws § 13-24-10

Current through the 2024 Legislative Session
Section 13-24-10 - Maximum term of leases of school property-Bid requirements

Any school board shall have authority to lease equipment, teacherages, buildings, or other real estate and personal property for a period of not to exceed thirty years. The proposed aggregate lease payments provided for under a lease agreement shall be subject to the statutory bid requirements.

SDCL 13-24-10

SDC Supp 1960, § 15.2105 as added by SL 1963, ch 74, § 1.