5-24A-11. Trade-in requirements.
Before the administrator authorizes a trade-in of property, the administrator shall determine that the net benefit to the state exceeds the benefit that would be derived from a public sale of the item.
Source: SL 2008, ch 32, ยง11.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Chapter 24A - Disposal Of State Surplus Property
Section 5-24A-1 - Definition of terms.
Section 5-24A-2 - Disposition of surplus property by Bureau of Administration.
Section 5-24A-3 - Declaration of surplus property required for disposition.
Section 5-24A-4 - Protection of surplus property prior to disposal.
Section 5-24A-5 - Requirements for disposition.
Section 5-24A-6 - Property with fair market value greater than one hundred dollars.
Section 5-24A-7 - Property with fair market value less than one hundred dollars.
Section 5-24A-8 - Surplus personal computer equipment.
Section 5-24A-9 - Disposal by agency or bureau.
Section 5-24A-10 - Fixed assets.
Section 5-24A-11 - Trade-in requirements.
Section 5-24A-12 - Hazardous materials.
Section 5-24A-13 - Retention and disposition of sales proceeds.
Section 5-24A-14 - Conveyance in the name of the state.
Section 5-24A-15 - Donations prohibited--Exception.
Section 5-24A-16 - Promulgation of rules regarding disposal of surplus property.
Section 5-24A-17 - Liquidation of State Cement Plant Commission property.