ENTITLED An Act to revise provisions regarding the duration of restrictive contracts or declarations.
Be it enacted by the Legislature of the State of South Dakota:
Section 1. That 11-5-4 be AMENDED.
11-5-4. Duration of restrictions by declaration or contract.
The restrictions authorized by 11-5-1 and 11-5-2 continue in force for a period as may be prescribed in a declaration or contract but not exceeding forty years from the date of such declaration or contract.
An Act to revise provisions regarding the duration of restrictive contracts or declarations.
I certify that the attached Act originated in the:
Chief Clerk
Speaker of the House
Attest:
Chief Clerk
President of the Senate
Attest:
Secretary of the Senate
File No. ____ Chapter No. ______
|
Received at this Executive Office this _____ day of _____________,
2021 at ____________M.
By for the Governor
The attached Act is hereby approved this ________ day of ______________, A.D., 2021
ss. Office of the Secretary of State
Filed ____________, 2021 at _________ o'clock __M.
Secretary of State
By Asst. Secretary of State
|