South Dakota Administrative Rules
Title 4 - School And Public Lands
Article 4:01 - Leases
Chapter 4:01:07 - Commercial leases
Section 4:01:07:01 - Terms
Universal Citation: SD Admin Rules 4:01:07:01
Current through Register Vol. 51, page 43, September 23, 2024
Terms used in this chapter mean:
(1) "Commissioner," the commissioner of school and public lands;
(2) "Department," the Department of School and Public Lands;
(3) "Commercial lease," a lease characteristic of commerce or pertaining to business or doing business for a profit as opposed to a lease for grazing, forestry, agriculture, or minerals;
(4) "Lessee," the original lessee or the assignee of the lease;
(5) "Assignee," the person to whom the lease is being transferred.
General Authority: SDCL 5-1-7.2.
Law Implemented: SDCL 5-1-7.2.
Disclaimer: These regulations may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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