Power to acquire property
Known as the Board of Regents Revenue Bond Act
The act spans §§ 13–13 (44 sections).
Applied in 2 court decisions — leading case 624 F. Supp. 1179 - South Dakota Board of Regents v. Hoops (1986)
Most recently applied in Keating v. University of South Dakota (September 2013)
Source: SL 1971, ch 134, § 3.
The board shall have power for each such institution to:
(1) Acquire any project or projects, or any combination thereof, and to own, operate, and maintain the same.
(2) Acquire by purchase, gift, or the exercise of eminent domain, and hold or dispose of real or personal property or rights or interest therein.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.