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.