5-29-20. Research park corporation not subject to statutes and rules governing public bodies.
No research park corporation formed pursuant to §5-29-16 is subject to statutes or rules regulating the conduct of public bodies, including those relating to personnel, procurement of goods and services, board meetings, disposition or acquisition of property, capital outlays, per diem and mileage, and inspection of records. Nothing in this section relieves a research park corporation of the obligation to conform to criminal laws or other statutes of general application.
Source: SL 2012, ch 46, §20.
Structure South Dakota Codified Laws
Title 5 - Public Property, Purchases and Contracts
Section 5-29-1 - Legislative findings.
Section 5-29-3 - Research parks on state lands.
Section 5-29-4 - Accommodation of all kinds of facilities.
Section 5-29-5 - Lands subject to school and public lands trust.
Section 5-29-6 - Mineral rights.
Section 5-29-7 - Geothermal resources.
Section 5-29-8 - Structures and mineral leases may not disturb use of research park.
Section 5-29-9 - Authorized agreements.
Section 5-29-10 - Construction of agreements to permit only authorized uses.
Section 5-29-11 - Security for financing.
Section 5-29-12 - Lease period limit.
Section 5-29-13 - Commercially reasonable performance required--Enforcement and termination.
Section 5-29-14 - Title to improvements upon termination.
Section 5-29-15 - State not liable for research park debts.
Section 5-29-16 - Formation of research park corporations.
Section 5-29-17 - Board of directors appointed by Board of Regents.
Section 5-29-18 - Net earnings of research park corporation.
Section 5-29-19 - Research park corporation not a public body.
Section 5-29-21 - Research park corporation to have powers of nonprofit corporation.