7-31-11. Deposit of value of improvements--Transfer of ownership.
The subsequent lessee, or purchaser shall become the owner of such improvements when he has deposited with the board of county commissioners, for the use of the former owner of the improvements, a sum equal to their value as determined by the board of appraisal.
Source: SL 1939, ch 25, §9; SDC Supp 1960, §12.3412.