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Statutes > South Dakota Laws > Title 7 - COUNTIES > Chapter 31 - Management Of Tax Deed And School Fund Mortgage Lands > Section 7-31-11 - Deposit of value of improvements--Transfer of ownership.

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SOUTH DAKOTA STATUTES AND CODES

Section 7-31-11 - Deposit of value of improvements--Transfer of ownership.

7-31-11. Deposit of value of improvements--Transfer of ownership. The subsequent lessee, or purchaser shall become the owner of such improvements when he has deposited with the board of county commissioners, for the use of the former owner of the improvements, a sum equal to their value as determined by the board of appraisal.

Source: SL 1939, ch 25, § 9; SDC Supp 1960, § 12.3412.

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