Legislative approval required for sale and lease - back arrangements

SDCL § 5-12-46 — under SOUTH DAKOTA BUILDING AUTHORITY.

SDCL § 5-12-46

No sale or lease - back of any land or improvements as described in §§ 5-12-42 and 5-12-43 shall be initiated later than July 1, 1984, without prior legislative approval. Source: SL 1983, ch 32 , § 8.