34-9-14. Approval of municipality required for sale of real property by corporation.
36 words·~1 min read·
/sd/title-34/chapter-34-9/34-9-14A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Should the nonprofit corporation receiving the property desire to dispose of any of the real property transferred pursuant to § 34-9-11 through sale to a third party, the approval of the municipality must first be obtained.