6-13-15. Transfer of county or municipal museum collections to certain nonprofit organizations.

Notwithstanding any other provision of law, any county or municipality may provide as a gift to any nonprofit organization that meets the requirements of this section and that is recognized as an exempt organization under § 501(c)3 of the Internal Revenue Code of 1986, as amended to January 1, 1996, any collection of historical artifacts, documents, or other materials that has been housed in a museum or other display owned by the county or municipality. The gift may include collection display and storage fixtures and related tangible personal property. To be eligible to receive the collection the nonprofit organization shall agree to:

(1)    Display or store the collection within the State of South Dakota;

(2)    Not dispose of the collection except to return the collection to the county or municipality or in accordance with mutually agreed upon collections management policies; and

(3)    Return all of the nonprofit organization's assets acquired under this section to the county or municipality upon dissolution of the nonprofit organization.

A gift of a collection of specimens preserved by a taxidermist is exempt from the requirements of subdivisions (1), (2), and (3) of this section.

Source: SL 1996, ch 49; SL 2024, ch 25, § 1.