Section 46A-7-43 - Tax deed issued to district--Sale of land by board of directors, public or private sale,price.
46A-7-43. Tax deed issued to district--Sale of land by board of directors, public or private sale, price. After the issuance of any such tax deed to an irrigation district, the directors shall have power to sell and convey the land so purchased, or any part thereof, at either public or private sale, whether the price received therefor equals the amount of delinquent taxes, assessments, penalties, interest, and costs against said lands or not; but if such lands be offered for sale at public sale, such directors may reject any and all bids thereon, and no such lands shall be sold by such directors at private sale until the same shall have been offered for sale at public sale, nor at a price less than the highest price bid therefor at the public sale at which such lands were offered, and if no bid is received for such lands when the same are offered for public sale the said directors may then sell the same in such manner and for such price as in their judgment they shall deem to be for the best interests of said district.
Source: SDC 1939, § 61.0915; SDCL, § 46-15-43.