South Dakota § 9-21-18.1 - Municipality authorized to enter into lease-purchase agreements.
Full text of South Dakota South Dakota Codified Laws § 9-21-18.1 — Municipality authorized to enter into lease-purchase agreements., with citation guidance and answers to common questions.
§ 9-21-18.1. Municipality authorized to enter into lease-purchase agreements.
The provisions of § 9-21-18 or any other provision of law notwithstanding, any municipality may enter into a lease-purchase agreement for a term of years, not exceeding ten years for equipment and twenty years for an improvement to real property, for the purchase or lease by the municipality of real or personal property. Any lease-purchase agreement for a term exceeding one year requires the approval of more than sixty percent of the members-elect of the governing body of the municipality.
Source: SL 1995, ch 37, § 2; SL 2018, ch 52, § 1.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 9-21-18.1
What does South Dakota Codified Laws § 9-21-18.1 cover?
Section 9-21-18.1 ("Municipality authorized to enter into lease-purchase agreements.") 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 § 9-21-18.1?
A common citation format is "South Dakota Codified Laws § 9-21-18.1" (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 § 9-21-18.1 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.