S.D. Codified Laws § 7-21-16.1

Current through the 2024 Legislative Session

Section 7-21-16.1 - Counties authorized to enter lease-purchase agreement to lease real or personal property-Longer agreements for jails and juvenile detention facilities

The provisions of § 7-21-16 or any other provision of law notwithstanding, any county may enter into a lease-purchase agreement for a term of years, not exceeding ten, for the purchase or lease by the county of real or personal property. However, if a lease-purchase agreement is for the purchase or lease of a jail or juvenile detention facility, the agreement may be for a term of years, not exceeding twenty years.

Any lease-purchase agreement for a term exceeding one year requires the approval of more than sixty percent of the members-elect of the board of commissioners. The final adoption of any lease-purchase agreement shall be by resolution which may be referred pursuant to chapter 7-18A.

SDCL 7-21-16.1

SL 1995, ch 37, § 1; SL 1996, ch 57.