The rights and powers conferred by §§ 49-7-11 to 49-7-21 , inclusive shall be subject to such reasonable terms, conditions, and regulations as the Board of School and Public Lands may prescribe. Source: SDC 1939, § 52.0257; SL 1980, ch 321 , § 12. 49-7-3, 49-7-4. Repealed by SL 1980, ch 322 , §§ 121, 122. 49-7-5 to 49-7-10. Repealed by SL 1997, ch 263 , §§ 8 to 13.