S.D. Admin. R. 4:01:07:01

Current through Register Vol. 51, page 67, December 16, 2024

Section 4:01:07:01 - Terms

Terms used in this chapter mean:

(1) "Commissioner," the commissioner of school and public lands;

(2) "Department," the Department of School and Public Lands;

(3) "Commercial lease," a lease characteristic of commerce or pertaining to business or doing business for a profit as opposed to a lease for grazing, forestry, agriculture, or minerals;

(4) "Lessee," the original lessee or the assignee of the lease;

(5) "Assignee," the person to whom the lease is being transferred.

S.D. Admin. R. 4:01:07:01

22 SDR 79, effective 12/7/1995.

General Authority: SDCL 5-1-7.2.

Law Implemented: SDCL 5-1-7.2.