5-24A-7. Property with fair market value less than one hundred dollars.
If the property has an estimated fair market value less than one hundred dollars, the administrator may designate one of the following methods of disposal:
(1)Transfer to a state agency or authorized entity with or without charge;
(2)Internet sales;
(3)Public auction;
(4)Sale of the property as scrap;
(5)Exchange as trade-in for replacement equipment;
(6)Sales through agents for a negotiated fee;
(7)Direct sales to the public for established prices;
(8)Cannibalization; or
(9)Disposal at a landfill, recycling center, or other waste facility.
Source: SL 2008, ch 32, ยง7.
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.