13-58-25. Sale of real property to fraternal organizations--Reversion.
The Board of Regents is hereby authorized to convey by sale real property constituting a part of the campus at South Dakota State University at Brookings, South Dakota, on such terms as the board shall deem advisable, to nationally chartered fraternal organizations whose purpose in buying such property is to construct a residence for men or women students at South Dakota State University who are members of the fraternal organization. If said real property ceases to be used as a residence for men or women students at South Dakota State University, then said real property and any buildings thereon shall revert to the body which conveyed title to said fraternal organization.
Source: SL 1972, ch 115.
Structure South Dakota Codified Laws
Chapter 58 - South Dakota State University
Section 13-58-1 - Name and location--Control by Board of Regents--Programs of instruction.
Section 13-58-11 - Agricultural experiment station continued--Control by Board of Regents.
Section 13-58-11.1 - Agricultural experiment stations--Assent to federal act--Acceptance of grants.
Section 13-58-14 - Director of animal disease laboratory--Employment of personnel.
Section 13-58-17 - Fees charged for animal diagnostic services--Revolving account.
Section 13-58-19 - South Dakota Art Museum.
Section 13-58-25 - Sale of real property to fraternal organizations--Reversion.