South Dakota § 49-16B-43 - Conveyance of property to state by authority.
Full text of South Dakota South Dakota Codified Laws § 49-16B-43 — Conveyance of property to state by authority., with citation guidance and answers to common questions.
§ 49-16B-43. Conveyance of property to state by authority.
To accomplish projects of the kind listed in § 49-16B-10, the authority shall convey property, without charge, to the Department of Transportation if and when all debts which have been secured by the income from the property have been paid. In addition, the railroad authority may, prior to the payment of all debts secured by such property, convey property to the state or its subdivisions for public purposes or improvements, if the sale of secured property is made only after a finding by the railroad authority that the sale does not materially or adversely affect the interests of secured creditors and if the proceeds from any sale shall be used to reduce or provide for the payment of any outstanding debt.
Source: SL 1980, ch 323, § 38; SL 1981, ch 329, § 4; SL 1996, ch 20, § 28.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-16B-43
What does South Dakota Codified Laws § 49-16B-43 cover?
Section 49-16B-43 ("Conveyance of property to state by authority.") 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 § 49-16B-43?
A common citation format is "South Dakota Codified Laws § 49-16B-43" (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 § 49-16B-43 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.