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04:01:03:05Rental rate.

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

Payment of the minimum bonus rate, in the amount computed at the rate of one dollar per acre for each tract of land, shall accompany each nomination. This amount is forfeited if the applicant is the successful bidder and fails to execute the lease.

Source: 21 SDR 179, effective April 20, 1995.

General Authority