<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 1-1-28 - Exception to application of provisions of § 1-1-27. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2030376Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2030376SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2030376CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2030376Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2030376DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2030376Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2030376000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2030376SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2030376SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2030376Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-1-28"><span class="s2030376SENU">1-1-28</span></a><span xml:space="preserve" class="s2030376SENU">. </span><span xml:space="preserve" class="s2030376CL">Exception to application of provisions of § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-1-27"><span class="s2030376CL">1-1-27</span></a><span class="s2030376CL">.</span></p><p dir="ltr" class="s2030376Normal-000000"><span xml:space="preserve" class="s2030376DefaultParagraphFont">The provisions of § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=1-1-27"><span class="s2030376DefaultParagraphFont">1-1-27</span></a><span xml:space="preserve" class="s2030376DefaultParagraphFont"> do not apply:</span></p><p dir="ltr" class="s2030376Normal-000001"><span class="s2030376DefaultParagraphFont">(1)    If the transfer is the result of an eminent domain proceeding; or</span></p><p dir="ltr" class="s2030376Normal-000001"><span class="s2030376DefaultParagraphFont">(2)    If the transfer is a sale negotiated under threat of an eminent domain proceeding or under circumstances in which acquisition of the property by an eminent domain proceeding would be justified; or</span></p><p dir="ltr" class="s2030376Normal-000001"><span class="s2030376DefaultParagraphFont">(3)    If the transfer involves less than forty acres of unimproved land or less than five hundred thousand dollars worth of improved real estate; or</span></p><p dir="ltr" class="s2030376Normal-000001"><span class="s2030376DefaultParagraphFont">(4)    If the transfer involves the trade of tracts of land of substantially equal value between the state government or any of its entities and the federal government or any of its entities.</span></p><p dir="ltr" class="s2030376Normal"><span xml:space="preserve" class="s2030376000002"> </span></p><p dir="ltr" class="s2030376Normal"><span class="s2030376SCL">Source:</span><span xml:space="preserve" class="s2030376SCL-000003"> SL 2004, ch 4, § 2.</span></p></div></body></html>