6-13-10. Acceptance of bid for installment contract.
Immediately upon the acceptance of any bid under §6-13-9, the purchaser shall deposit the amount of the cash payment with the fiscal officer. The fiscal officer shall provide the purchaser with a receipt for such payment and retain a copy in his office.
Source: SL 1989, ch 62, §2.
Structure South Dakota Codified Laws
Title 6 - Local Government Generally
Chapter 13 - Disposal of Surplus Government Property
Section 6-13-1 - Disposition of surplus property.
Section 6-13-2 - Appraisal of value of surplus property--Filing of report.
Section 6-13-3 - Improvements appraised separately--Equipment and property not appraised.
Section 6-13-4 - Notice by publication of sale of surplus property--Exceptions.
Section 6-13-5 - Receipt of sealed bids--Sale to highest bidder--Absence of bids--Private sale.
Section 6-13-5.1 - Sale of property conveyed by a railroad.
Section 6-13-5.2 - Sale of government property at public auction or through broker--Offers--Notice.
Section 6-13-6 - Sale by auction--Notice by publication.
Section 6-13-7 - Persons prohibited from purchasing surplus property--Exception.
Section 6-13-8 - Deposit and credit of sale revenue.
Section 6-13-9 - Sale of real property under installment contract.
Section 6-13-10 - Acceptance of bid for installment contract.
Section 6-13-11 - Board approval of installment contract sales.
Section 6-13-12 - Full purchase price paid in cash--Execution of deed.
Section 6-13-13 - Less than full amount of purchase price in cash--Execution of contract for deed.
Section 6-13-14 - Transfer, license, or sale of computer software--Notice to board.