South Dakota § 13-39A-24 - Lease-purchase agreements between LEAs and health and educational facilities authority or board for capital improvements.
Full text of South Dakota South Dakota Codified Laws § 13-39A-24 — Lease-purchase agreements between LEAs and health and educational facilities authority or board for capital improvements., with citation guidance and answers to common questions.
§ 13-39A-24. Lease-purchase agreements between LEAs and health and educational facilities authority or board for capital improvements.
Any LEA may enter into a lease-purchase agreement with the health and educational facilities authority or the board for capital improvements for the design, acquisition, construction, equipping, or improvement of facilities the LEA considers necessary or appropriate. In addition, the board may enter into any lease-purchase agreement for the capital improvements either with an LEA or the health and educational facilities authority.
Any lease-purchase agreement shall include any terms the health and educational facilities authority considers necessary, including without limitation, terms of default, remedies, representations, and covenants of the lessee.
No lease-purchase agreement entered into after July 1, 2017 may be effective until approved by the board. The term, lease-purchase agreement, as used in this chapter includes any sublease.
Source: SL 2017, ch 81, § 24.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 13-39A-24
What does South Dakota Codified Laws § 13-39A-24 cover?
Section 13-39A-24 ("Lease-purchase agreements between LEAs and health and educational facilities authority or board for capital improvements.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 13-39A-24?
A common citation format is "South Dakota Codified Laws § 13-39A-24" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 13-39A-24 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.