6-13-8. Deposit and credit of sale revenue.
All revenue accruing from the sale of surplus property pursuant to this chapter shall be paid into the treasury of such political subdivision and credited, at the discretion of the governing board, to the general fund, to the fund in which such property was inventoried, or to the capital outlay fund of a school district.
Source: SL 1988, ch 64, §8; SL 2001, ch 35, §1.
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.