5-12-46. Legislative approval required for sale and lease-back arrangements.
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/sd/title-5/chapter-5-12/5-12-46·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
No sale or lease - back of any land or improvements as described in §§ 5-12-42 and 5-12-43 shall be initiated later than July 1, 1984, without prior legislative approval.