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Code · South Dakota · Title 13 · Chapter 13-24

13-24-10. Maximum term of leases of school property--Bid requirements.

46 words·~1 min read·/sd/title-13/chapter-13-24/13-24-10

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Any school board shall have authority to lease equipment, teacherages, buildings, or other real estate and personal property for a period of not to exceed thirty years. The proposed aggregate lease payments provided for under a lease agreement shall be subject to the statutory bid requirements.
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