The directors may enter into leases on behalf of the association with persons, corporations, limited liability companies, partnerships, or with the county or counties in which the district is located or with the state or the federal government for tracts of land within, contiguous to, or adjacent to such districts.
S.D. Codified Laws § 40-23-16
Directors' power to lease land
Source: SDC 1939, § 40.1806 (6); SL 1994, ch 351, § 97.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.