Section 43-11-24 - Special and beneficial power to lease void only as to excess term.
43-11-24. Special and beneficial power to lease void only as to excess term. A special and beneficial power to make leases of agricultural land for more than ten years or of municipal lots for more than ninety-nine years is void only as to the time beyond ten or ninety-nine years and authorizes leases for those terms or less.
Source: CivC 1877, § 343; CL 1887, § 2859; RCivC 1903, § 366; RC 1919, § 433; SDC 1939, § 59.0446; SL 1992, ch 60, § 2.