Royalty increment status leases may be offered only during the term in which the state-owned minerals are assigned royalty increment status.
S.D. Codified Laws § 5-7-44
Leases offered only during term of royalty increment status
Source: SL 1992, ch 43, § 4.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.