04:01:03:06Bonus rate.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Payment of the minimum bonus rate, in the form of a sealed bid, computed at the rate of two dollars per acre for each tract of land, shall accompany each nomination form. 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.