<html> <head> <title>Rule 04:01:07:08 Assignment of lease -- Filing fee.</title> <META NAME="Keywords" Content="Administrative Rules 04:01:07:08"> <META NAME="Description" Content="Administrative Rules 04:01:07:08 Assignment of lease -- Filing fee."> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Originator content="Microsoft Word 10"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>4:01:07:08.&nbsp;&nbsp;Assignment of lease -- Filing fee.</b> The lessee may assign a lease to a third person after receiving the written approval of the commissioner. The commissioner shall provide the form used for requesting such an assignment. The commissioner shall approve or disapprove the assignment within 60 days after receipt of the completed form. The commissioner's approval or disapproval shall be based on the assignee's financial capabilities and development and managerial experience and any other criteria considered by the commissioner to be pertinent. The filing fee for the assignment of a lease is $250.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Source:</b> 22 SDR 79, effective December 7, 1995.</p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>General Authority:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=5-1-7.2">5-1-7.2.</A></p> <p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b>Law Implemented:</b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=5-1-7.2">5-1-7.2.</A></p> </div> </body> </html>