South Dakota § 5-5-29 - Deposit by new lessee or purchaser to cover improvements--Election by owner to remove improvements.
Full text of South Dakota South Dakota Codified Laws § 5-5-29 — Deposit by new lessee or purchaser to cover improvements--Election by owner to remove improvements., with citation guidance and answers to common questions.
§ 5-5-29. Deposit by new lessee or purchaser to cover improvements--Election by owner to remove improvements.
If any permitted improvement is located on any school or endowment land and the land has been offered for lease or sale and a person other than the owner of the improvement is the highest bidder, the bidder shall deposit with the county auditor a receipt showing payment of the amount due before the lease or sale is made. In addition, the highest bidder shall deposit with the county treasurer an amount equal to the appraised value of each improvement as determined by the board of appraisal or an amount agreed between the successful bidder and the owner of the improvement. The owner of the improvement may elect to remove the improvement.
Source: SL 1917, ch 339, § 19; RC 1919, § 5651; SL 1923, ch 254; SDC 1939, § 15.0416; SL 1971, ch 29, § 1; SL 2018, ch 45, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 5-5-29
What does South Dakota Codified Laws § 5-5-29 cover?
Section 5-5-29 ("Deposit by new lessee or purchaser to cover improvements--Election by owner to remove 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 § 5-5-29?
A common citation format is "South Dakota Codified Laws § 5-5-29" (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 § 5-5-29 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.