Special and beneficial power to lease void only as to excess term

A special and beneficial power to make leases of agricultural land for more than ten years or of municipal lots for more than ninety - nine years is void only as to the time beyond ten or ninety - nine years and authorizes leases for those terms or less. Source: CivC 1877, § 343; CL 1887, § 2859; RCivC 1903, § 366; RC 1919, § 433; SDC 1939, § 59.0446; SL 1992, ch 60 , § 2.