reglab/housing_qa huggingface dataset:
SD Codified L § 5-9-35 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 09 - Sale Of School And Public Lands|Section 5-9-35 - Conveyance of tract not exceeding one hundred sixty acres--Reversion to state.

5-9-35. Conveyance of tract not exceeding one hundred sixty acres--Reversion to state.Upon the payment of the full amount of the appraised price of such tract, a conveyance may be executed by the Governor, attested by the commissioner of school and public lands, with the seal affixed, conditioned that should such lands cease to be used for two successive years for the purpose stated in the application, the title shall revert to the state. Source: SDC 1939, §15.0313; SL 1949, ch 49; SL 1959, ch 53; SL 1998, ch 32, §2.
SD Codified L § 5-9-36 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 09 - Sale Of School And Public Lands|Section 5-9-36 - Sale of improvements on school and public lands authorized.

5-9-36. Sale of improvements on school and public lands authorized.Whenever the right, title, and interest in improvements upon school and public lands shall have vested in the state, the commissioner of school and public lands is authorized, whenever in his judgment it shall be for the best interest of the state to sell and dispose of such improvements for cash at public auction to the highest bidder at the courthouse of the county in which the improvements are situated. Source: SL 1923, ch 255, §1; SDC 1939, §15.0326; SL 1939, ch 37.
SD Codified L § 5-9-37 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 09 - Sale Of School And Public Lands|Section 5-9-37 - Appraisal and minimum price of improvements offered for sale--Disapproval of sale.

5-9-37. Appraisal and minimum price of improvements offered for sale--Disapproval of sale.When improvements are designated to be offered for sale, the commissioner of school and public lands shall make a list of such improvements and present such list to the Board of Appraisal provided for in §5-9-3, who shall make an itemized appraisement of the same. No improvements shall be sold for less than the appraised value. The commissioner may disapprove any sale if it is not to the best interest of the state. Source: SL 1923, ch 255, §2; SDC 1939, §15.0326; SL 1939, ch 37.
SD Codified L § 5-9-38 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 09 - Sale Of School And Public Lands|Section 5-9-38 - Publication of notice of sale of improvements--Private sales of small value.

5-9-38. Publication of notice of sale of improvements--Private sales of small value.Notice of sale, stating the time, place, and terms of sale and description of the property to be sold shall be given by publishing the same for two successive weeks at least once each week, in a newspaper in the county in which such improvements are situated.The commissioner of school and public lands, however, is authorized to sell any improvements upon school and public lands, the value of which in his opinion, does not exceed fifty dollars at private sale without publication notice for any amount not exceeding fifty dollars which he may consider a fair selling price. Source: SL 1923, ch 255, §2; SDC 1939, §15.0326; SL 1939, ch 37.
SD Codified L § 5-9-39 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 09 - Sale Of School And Public Lands|Section 5-9-39 - Conservation easement for certain state land conveyed to another party.

5-9-39. Conservation easement for certain state land conveyed to another party.If the federal government conveys the fee title of any land to the State of South Dakota and that land is under the management of the Office of School and Public Lands, the Office of School and Public Lands may reconvey the fee title to another party if the land is no longer used or needed by the state. However, the state may hold a perpetual conservation easement to protect the public interest in preserving the archaeological and paleontological aspects on the land when the fee title is conveyed to another party. The conveyance documents shall specify the conservation easement and the conservation easement shall be made in accordance with §§1-19B-56 to 1-19B-60, inclusive. Source: SL 2000, ch 28, §1.
SD Codified L § 5-10-1 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-1 - Assignment of receipts from leases, interest, and land sales to income and permanent funds.

5-10-1. Assignment of receipts from leases, interest, and land sales to income and permanent funds.The income from the leased lands of each class of school and public lands and the interest on the permanent fund of that class shall be assigned by the state treasurer to a fund to be known as the interest and income fund of such class. However, the income from any commercial lease made by the commissioner of school and public lands pursuant to SL 2017, ch 51, §§1 to 3, inclusive, as amended by SL 2018, ch 111, §§1 to 3, inclusive, shall be continuously appropriated to the endowed institution for use in maintaining the property and supporting the operations of the endowed institution. The principal of money derived from the sale of each class of lands granted to the state for educational and charitable purposes shall be assigned by the state treasurer to a fund to be known as the permanent fund of such class. Source: SL 1911, ch 224, §39; RC 1919, §5663; SDC 1939, §15.0601; SL 1957, ch 45; SL 2018, ch 111, §9, eff. Feb. 8, 2018.
SD Codified L § 5-10-1.1 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-1.1 - Board of Regents endowed institution interest and income fund created.

5-10-1.1. Board of Regents endowed institution interest and income fund created.There is hereby created in the state treasury a fund called the Board of Regents endowed institution interest and income fund to be administered by the commissioner of school and public lands. Any investments of money in the fund shall be made by the State Investment Council. No allocations or expenditures may be made from the fund except as provided in §5-10-1.2. The fund shall be declared a participating fund and it shall be credited for all interest, dividends, and other income earned on fund balances, in accordance with the provisions of §5-10-18.3. Source: SL 1989, ch 50, §1; SL 1997, ch 37, §2; SL 2001, ch 26, §4.
SD Codified L § 5-10-1.2 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-1.2 - Board of Regents endowed institution interest and income fund--Allocation.

5-10-1.2. Board of Regents endowed institution interest and income fund--Allocation.The commissioner of school and public lands shall deposit revenue collected for state endowed institutions under the control of the Board of Regents pursuant to §5-10-1 and chapters 10-4 and 10-6 in the Board of Regents endowed institution interest and income fund, created by §5-10-1.1, and credit the appropriate institutional account within the fund. On a periodic basis the commissioner shall allocate the money to the appropriate institutions. The total allocation for an institution for a fiscal year shall be the lesser of that institution's revenue for the fiscal year plus the beginning cash balance of the institution's account or:$ 236,041 for the University of South Dakota;$ 548,451 for South Dakota State University;$ 133,022 for South Dakota School of Mines and Technology;$ 183,393 for Northern State University;$ 173,360 for Dakota State University;$ 173,360 for Black Hills State University;$ 97,959 for the School for the Deaf;$ 94,712 for the School for the Blind and the Visually Impaired; and$ 77,745 for the agricultural experiment station.Revenue in excess of the allocation shall be credited to the corresponding institutional account. If the cash balance of any institutional account exceeds fifty percent of the maximum allocation for that institution at the end of the fiscal year, the commissioner shall allocate the portion over fifty percent to the institution in the next fiscal year in addition to the normal allocation. Source: SL 1989, ch 50, §2; SL 1989, ch 170, §§1-3; SL 1990, ch 44; SL 1998, ch 110, §4; SL 1999, ch 25, §3.
SD Codified L § 5-10-3 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-3 - Accounts and records maintained by commissioner.

5-10-3. Accounts and records maintained by commissioner.The commissioner of school and public lands shall keep an accurate account of all money due or to become due the state on account of sales and leases of school and public lands and the interest arising from the loaning of the permanent school fund. Source: SL 1911, ch 224, §§38, 61; RC 1919, §§5662, 5701; SDC 1939, §15.0601; SL 1957, ch 45; SL 1984, ch 34, §12.
SD Codified L § 5-10-4 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-4 - Supervision by commissioner of collections, apportionment, and distribution of funds.

5-10-4. Supervision by commissioner of collections, apportionment, and distribution of funds.The commissioner of school and public lands shall have supervision of the collection of all money due the state for the purposes aforesaid, and of the apportionment and distribution of such funds to the several counties and public institutions of the state. Source: SL 1911, ch 224, §62; RC 1919, §5702; SDC 1939, §15.0602.
SD Codified L § 5-10-5 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-5 - Annual statement to counties of sale and lease payments coming due.

5-10-5. Annual statement to counties of sale and lease payments coming due.The commissioner of school and public lands shall on or before the fifteenth day of December of each year furnish to the treasurer of each county a full statement of the principal and interest on sales and rental on term leases falling due in such county on the first day of January following. Source: SL 1911, ch 224, §63; RC 1919, §5703; SDC 1939, §15.0602; SL 1980, ch 46, §2.
SD Codified L § 5-10-6 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-6 - Apportionment among counties and institutions of income from school lands and funds.

5-10-6. Apportionment among counties and institutions of income from school lands and funds.The commissioner of school and public lands, after any adjustments that have been made pursuant to §5-10-18.3, shall make a division and apportionment of all funds derived from the leasing of school and public lands, from interest, dividends, and other income on all invested funds derived from the sale of school and public lands, and from interest, dividends, and other income on invested funds derived from the five percent paid to the state by the United States on sales of public lands within the state, such apportionment to be made among the counties, and the educational, penal, and charitable institutions, as provided by law. Source: SDC 1939, §15.0108; SL 2001, ch 26, §5.
SD Codified L § 5-10-7 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-7 - County treasurer's receipts for payments by lessees and purchasers--Disposition of copies.

5-10-7. County treasurer's receipts for payments by lessees and purchasers--Disposition of copies.The county treasurer shall, for all money paid to him by any lessee or purchaser, execute triplicate receipts, and shall deliver one receipt to the person paying the same, transmit one receipt and the accompanying payment to the commissioner of school and public lands, not later than the third business day, and file the other receipt in his office. Source: SL 1911, ch 224, §43; RC 1919, §5667; SDC 1939, §15.0601; SL 1957, ch 45; SL 1988, ch 49, §3.
SD Codified L § 5-10-16 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-16 - Delivery of payment by lessee or purchaser to state treasurer.

5-10-16. Delivery of payment by lessee or purchaser to state treasurer.Upon receipt of payment by a lessee or purchaser, if remitted in the proper form and in the proper amount, the commissioner of school and public lands shall forthwith deliver the payment to the state treasurer with instructions as to the fund to be credited. Source: SL 1945, ch 66, §3; SDC Supp 1960, §15.0605-1; SL 1988, ch 49, §8.
SD Codified L § 5-10-17 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-17 - Credit to school and endowment fund.

5-10-17. Credit to school and endowment fund.The state treasurer shall, upon receipt, credit such business receipts to the state school and endowment fund. Source: SL 1973, ch 37, §1.
SD Codified L § 5-10-18 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-18 - Investment of permanent school funds.

5-10-18. Investment of permanent school funds.The moneys of the common school permanent fund and other educational funds shall be invested by the State Investment Council, in accordance with the provisions of §4-5-27. Source: SL 1951, ch 85; SL 1953, ch 47; SL 1955, ch 37; SL 1957, ch 46; SDC Supp 1960, §15.0609-1; SL 1969, ch 34; SL 1970, ch 36; SL 1970, ch 37; SL 1972, ch 29; SL 1983, ch 28, §4; SL 1992, ch 60, §2; SL 1997, ch 37, §3; SL 2001, ch 26, §6.
SD Codified L § 5-10-18.3 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-18.3 - Adjusting funds by rate of inflation--Procedure.

5-10-18.3. Adjusting funds by rate of inflation--Procedure.In adjusting the principal of the common school permanent fund and other educational and charitable funds by the rate of inflation pursuant to Article VIII, Section 3 of the South Dakota Constitution, the State Investment Council shall proceed as follows:(1)The inflation adjustment period is the fiscal year, beginning July first and ending June thirtieth. The first inflation adjustment period begins on November 15, 2000, and ends on June 30, 2001. The principal shall be credited each year for the inflation adjustment at the time of the common school apportionment beginning in 2002;(2)The rate of inflation is based on the consumer price index prepared by the Bureau of Labor Statistics of the United States Department of Labor;(3)The principal balance in each permanent school and other educational and charitable fund as of November 15, 2000, adjusted by amounts as provided by law, is the principal balance to be increased by the rate of inflation; and(4)The inflation adjustment requirement shall be met using realized net capital gains. If these are not sufficient, the interest, dividends, and other income shall be used. Any excess realized net capital gains shall be carried forward for the following year's inflation adjustment. Source: SL 2001, ch 26, §1.
SD Codified L § 5-10-23 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-23 - Bidding and purchase by state at judgment sale of school and public lands.

5-10-23. Bidding and purchase by state at judgment sale of school and public lands.Whenever any real property is sold to satisfy a judgment in favor of the state in any action relating to the school and public lands, it shall be the duty of the commissioner of school and public lands to represent the state as a bidder at such sale and, if he shall purchase such property, the certificate of sale and sheriff's deed, if one be issued, shall be made to the state. Source: SL 1911, ch 224, §83; RC 1919, §5713; SDC 1939, §15.0608.
SD Codified L § 5-10-24 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-24 - Maximum price bid by state--Allowance for prior encumbrances.

5-10-24. Maximum price bid by state--Allowance for prior encumbrances.The maximum price which the commissioner of school and public lands shall bid for any such property at any such sale shall be determined by an appraisement, to be made in the same manner that the school and public lands of the state are by law required to be appraised, but such price shall never exceed the amount of prior encumbrances, judgments, interest, and costs. Source: SL 1911, ch 224, §84; RC 1919, §5714; SDC 1939, §15.0608.
SD Codified L § 5-10-25 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-25 - Disposition of proceeds of judgment.

5-10-25. Disposition of proceeds of judgment.All money received as the proceeds of any such sales, or in satisfaction of any judgment obtained in favor of the state in any such action shall be paid to the state treasurer and by him be divided and apportioned according to law. Source: SL 1911, ch 224, §85; RC 1919, §5715; SDC 1939, §15.0608.
SD Codified L § 5-10-34 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 10 - State School And Endowment Funds|Section 5-10-34 - Reporting status of common school interest and income fund and status of common school apportionment.

5-10-34. Reporting status of common school interest and income fund and status of common school apportionment.The commissioner of school and public lands shall report the status of the common school interest and income fund to the superintendents of the common schools on a quarterly basis.The commissioner of school and public lands shall report the status of the common school apportionment by October thirty-first to the Governor, the chairs of the house and senate appropriations committees and the secretary of the Department of Education. Source: SL 1990, ch 45; SL 2004, ch 17, §7.
SD Codified L § 5-11-1 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-1 - Certification by commissioner of school and endowment land lessees and acreage.

5-11-1. Certification by commissioner of school and endowment land lessees and acreage.The commissioner of school and public lands shall on or before June first of each year certify to the auditor of each county where school and endowment land exists a list of all school and endowment lands in the county, and name and address of each lessee and the number of acres of school and endowment land under lease. Source: SL 1965, ch 256, §1; SL 1977, ch 47, §1; SL 1994, ch 48, §1.
SD Codified L § 5-11-1.1 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-1.1 - Forfeiture of lease for failure to pay tax--Collection procedures.

5-11-1.1. Forfeiture of lease for failure to pay tax--Collection procedures.Any person who has leased school and endowment lands shall forfeit that lease if that person fails to pay the tax levied upon the leased lands by November first of the year in which it is due and payable. If the tax remains delinquent, each county may proceed with collection under procedures set forth in chapter 10-22 for the collection of mobile home taxes. On December first of each year the county treasurer shall certify to the commissioner of school and public lands any taxes on leased lands that have not been paid. Source: SL 1977, ch 47, §7; SL 1981, ch 35; SL 1992, ch 80, §221; SL 1994, ch 48, §2.
SD Codified L § 5-11-2 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-2 - Computation of value of school lands in county and addition to tax base--Restricted purpose of addition to tax base.

5-11-2. Computation of value of school lands in county and addition to tax base--Restricted purpose of addition to tax base.The county auditor of each county having within its boundaries school and endowment lands shall ascertain the average assessed valuation per acre of all taxable agricultural lands within the county, after the assessment of such lands have been finally equalized by the boards of equalization and shall multiply such average assessed valuation by the number of acres of school and endowment lands and the resultant figure shall be added to the assessed valuation of such county to arrive at the rate of tax levy in mills for the county. Provided, however, that the amount ascertained by the county auditor as representing the value of school and endowment lands shall not be included or considered in determining the assessed value of any county or school district for any purpose whatsoever, except as herein expressly provided in establishing rates of levy. Source: SL 1965, ch 256, §2.
SD Codified L § 5-11-3 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-3 - Computation of value of school lands within school districts--Addition to tax base.

5-11-3. Computation of value of school lands within school districts--Addition to tax base.The county auditor of each county shall ascertain the average assessed valuation per acre of all taxable agricultural lands within the several school districts of his county, within the boundaries of which are school and endowment lands after the assessments of such lands have been finally equalized, and shall multiply such average assessed valuation by the number of acres of school and endowment lands and the resultant figure shall be added to the assessed valuation of such district to arrive at the rate of levy in mills for each school district. Source: SL 1965, ch 256, §3.
SD Codified L § 5-11-6 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-6 - Distribution of payments in lieu of taxes.

5-11-6. Distribution of payments in lieu of taxes.The county auditor shall distribute federal and state payments in lieu of tax proceeds in the same manner as taxes are distributed. Source: SL 1965, ch 256, §5; SL 1977, ch 47, §2; SL 1979, ch 33, §1.
SD Codified L § 5-11-8 (2021)
2021 South Dakota Codified Laws|Title 5 - Public Property, Purchases and Contracts|Chapter 11 - Payments In Lieu Of Taxes On State Lands|Section 5-11-8 - Payments in lieu of taxes on land held by state institutions.

5-11-8. Payments in lieu of taxes on land held by state institutions.In addition to the payments heretofore provided for in this chapter the equivalent of taxes shall be determined and paid in like manner on all lands exclusive of the structure thereon located outside of the corporate limits of municipalities and owned by the State of South Dakota and under the supervision of the executive branch or the State Board of Regents. Source: SL 1965, ch 256, §7; SL 1989, ch 20, §59; SL 1992, ch 60, §2.