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.