5-10-23. Bidding and purchase by state at judgment sale of school and public lands.
Whenever any real property is sold to satisfy a judgment in favor of the state in any action relating to the school and public lands, it shall be the duty of the commissioner of school and public lands to represent the state as a bidder at such sale and, if he shall purchase such property, the certificate of sale and sheriff's deed, if one be issued, shall be made to the state.
Source: SL 1911, ch 224, §83; RC 1919, §5713; SDC 1939, §15.0608.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 10 - State School And Endowment Funds
Section 5-10-1.1 - Board of Regents endowed institution interest and income fund created.
Section 5-10-1.2 - Board of Regents endowed institution interest and income fund--Allocation.
Section 5-10-3 - Accounts and records maintained by commissioner.
Section 5-10-5 - Annual statement to counties of sale and lease payments coming due.
Section 5-10-16 - Delivery of payment by lessee or purchaser to state treasurer.
Section 5-10-17 - Credit to school and endowment fund.
Section 5-10-18 - Investment of permanent school funds.
Section 5-10-18.3 - Adjusting funds by rate of inflation--Procedure.
Section 5-10-23 - Bidding and purchase by state at judgment sale of school and public lands.
Section 5-10-24 - Maximum price bid by state--Allowance for prior encumbrances.