<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 3-23-7 - Officials with contract authority--Description of direct benefit from contract.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082828Normal { 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.s2082828SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082828CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082828Statute { 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.s2082828DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082828StatuteNumber1 { 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.s2082828000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082828NoIndent { text-indent: 0.00in; 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.s2082828DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082828SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 3-23-7 - Officials with contract authority--Description of direct benefit from contract."><meta property="og:description" content="SDLRC Codified Law 3-23-7 - Officials with contract authority--Description of direct benefit from contract."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=3-23-7"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082828Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-7" rel="noopener"><span class="s2082828SENU">3-23-7</span></a><span xml:space="preserve" class="s2082828SENU">. </span><span xml:space="preserve" class="s2082828CL">Officials with contract authority--Description of direct benefit from contract. </span></p><p dir="ltr" class="s2082828Statute"><span xml:space="preserve" class="s2082828DefaultParagraphFont">A person described in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-6" rel="noopener"><span class="s2082828DefaultParagraphFont">3-23-6</span></a><span xml:space="preserve" class="s2082828DefaultParagraphFont"> derives a direct benefit from a contract if the person, the person's spouse, or any other person with whom the person lives and commingles assets:</span></p><p dir="ltr" class="s2082828StatuteNumber1"><span class="s2082828DefaultParagraphFont">(1)    Is a party to or intended beneficiary of any contract held by the school district or cooperative education service unit;</span></p><p dir="ltr" class="s2082828StatuteNumber1"><span class="s2082828DefaultParagraphFont">(2)    Has more than a five percent ownership interest in an entity that is a party to any contract held by the school district or cooperative education service unit;</span></p><p dir="ltr" class="s2082828StatuteNumber1"><span class="s2082828DefaultParagraphFont">(3)    Acquires property under the contract; or</span></p><p dir="ltr" class="s2082828StatuteNumber1"><span class="s2082828DefaultParagraphFont">(4)    Will receive compensation, commission, promotion, or other monetary benefit directly attributable to any contract with the school district or cooperative education service unit.</span></p><p dir="ltr" class="s2082828Normal"><span xml:space="preserve" class="s2082828000000"> </span></p><p dir="ltr" class="s2082828NoIndent"><span xml:space="preserve" class="s2082828DefaultParagraphFont-000001">Source: </span><span class="s2082828SCL">SL 2016, ch 33, § 7; SL 2017, ch 31, § 11; SL 2021, ch 73, § 24.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 3-23-7 - Officials with contract authority--Description of direct benefit from contract.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082827Normal { 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.s2082827SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082827CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082827Statute { 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.s2082827DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082827StatuteNumber1 { 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.s2082827000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082827NoIndent { text-indent: 0.00in; 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.s2082827DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082827SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 3-23-7.1 - Officials with contract authority--Description of interest in contract."><meta property="og:description" content="SDLRC Codified Law 3-23-7.1 - Officials with contract authority--Description of interest in contract."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=3-23-7.1"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082827Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-7.1" rel="noopener"><span class="s2082827SENU">3-23-7.1</span></a><span xml:space="preserve" class="s2082827SENU">. </span><span xml:space="preserve" class="s2082827CL">Officials with contract authority--Description of interest in contract. </span></p><p dir="ltr" class="s2082827Statute"><span xml:space="preserve" class="s2082827DefaultParagraphFont">A person described in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-6" rel="noopener"><span class="s2082827DefaultParagraphFont">3-23-6</span></a><span xml:space="preserve" class="s2082827DefaultParagraphFont"> has an interest in a contract if the person, the person's spouse, or any other person with whom the person lives and commingles assets:</span></p><p dir="ltr" class="s2082827StatuteNumber1"><span class="s2082827DefaultParagraphFont">(1)    Is employed by a party to any contract with the school district or cooperative education service unit; or</span></p><p dir="ltr" class="s2082827StatuteNumber1"><span class="s2082827DefaultParagraphFont">(2)    Receives more than nominal compensation or reimbursement for actual expenses for serving on the board of directors of an entity that derives income or commission directly from the contract or acquires property under the contract.</span></p><p dir="ltr" class="s2082827Normal"><span xml:space="preserve" class="s2082827000000"> </span></p><p dir="ltr" class="s2082827NoIndent"><span xml:space="preserve" class="s2082827DefaultParagraphFont-000001">Source: </span><span class="s2082827SCL">SL 2017, ch 31, § 12; SL 2021, ch 73, § 25.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 3-23-7 - Officials with contract authority--Description of direct benefit from contract.</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082826Normal { 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.s2082826SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082826CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082826Statute { 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.s2082826DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082826StatuteNumber1 { 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.s2082826000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082826NoIndent { text-indent: 0.00in; 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.s2082826DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082826SCL { 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><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 3-23-7.2 - Officials with contract authority--Exclusions from interest in or direct benefit from contract."><meta property="og:description" content="SDLRC Codified Law 3-23-7.2 - Officials with contract authority--Exclusions from interest in or direct benefit from contract."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=3-23-7.2"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082826Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-7.2" rel="noopener"><span class="s2082826SENU">3-23-7.2</span></a><span xml:space="preserve" class="s2082826SENU">. </span><span xml:space="preserve" class="s2082826CL">Officials with contract authority--Exclusions from interest in or direct benefit from contract. </span></p><p dir="ltr" class="s2082826Statute"><span xml:space="preserve" class="s2082826DefaultParagraphFont">A person described in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=3-23-6" rel="noopener"><span class="s2082826DefaultParagraphFont">3-23-6</span></a><span xml:space="preserve" class="s2082826DefaultParagraphFont"> does not derive a direct benefit from or have an interest in a contract:</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(1)    Based solely on the value associated with the person's publicly-traded investments or holdings, or the investments or holdings of any other person with whom the board member, business manager, chief financial officer, superintendent, or chief executive officer lives or commingles assets;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(2)    By participating in a vote or a decision in which the person's only interest arises from an act of general application;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(3)    Based on the person receiving income as an employee or independent contractor of a party with whom the school district or cooperative education service unit has a contract, unless the person receives compensation or a promotion directly attributable to the contract, or unless the person is employed by the party as a board member, executive officer, or other person working for the party in an area related to the contract;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(4)    If the contract is for the sale of goods or services, or for maintenance or repair services, in the regular course of business at a price at or below a price offered to all customers;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(5)    If the contract is subject to a public bidding process;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span xml:space="preserve" class="s2082826DefaultParagraphFont">(6)    If the contract is with the official depository as set forth in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=6-1-3" rel="noopener"><span class="s2082826DefaultParagraphFont">6-1-3</span></a><span class="s2082826DefaultParagraphFont">;</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(7)    Based solely on the person receiving nominal income or compensation, a per diem authorized by law or reimbursement for actual expenses incurred; or</span></p><p dir="ltr" class="s2082826StatuteNumber1"><span class="s2082826DefaultParagraphFont">(8)    If the contract or multiple contracts with the same party within a twelve-month period with whom the school district or cooperative education service unit contracts is in an amount less than five thousand dollars.</span></p><p dir="ltr" class="s2082826Normal"><span xml:space="preserve" class="s2082826000000"> </span></p><p dir="ltr" class="s2082826NoIndent"><span xml:space="preserve" class="s2082826DefaultParagraphFont-000001">Source: </span><span class="s2082826SCL">SL 2017, ch 31, § 13; SL 2021, ch 73, § 26.</span></p></div></body></html>