<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 34-9-14 - Approval of municipality required for sale of real property by corporation. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2056296Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2056296SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2056296CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2056296Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2056296DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2056296000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2056296SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2056296SCL-000002 { 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="s2056296Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-9-14"><span class="s2056296SENU">34-9-14</span></a><span xml:space="preserve" class="s2056296SENU">. </span><span class="s2056296CL">Approval of municipality required for sale of real property by corporation.</span></p><p dir="ltr" class="s2056296Normal-000000"><span xml:space="preserve" class="s2056296DefaultParagraphFont">Should the nonprofit corporation receiving the property desire to dispose of any of the real property transferred pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=34-9-11"><span class="s2056296DefaultParagraphFont">34-9-11</span></a><span xml:space="preserve" class="s2056296DefaultParagraphFont"> through sale to a third party, the approval of the municipality must first be obtained.</span></p><p dir="ltr" class="s2056296Normal"><span xml:space="preserve" class="s2056296000001"> </span></p><p dir="ltr" class="s2056296Normal"><span class="s2056296SCL">Source:</span><span xml:space="preserve" class="s2056296SCL-000002"> SL 1972, ch 191.</span></p></div></body></html>