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SD HB1107
Bill
Status
3/12/2026
Primary Sponsor
Mike Stevens
Click for details
AI Summary
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Amends South Dakota statute § 43-25-18.3 governing lands conveyed for public purposes such as benevolent, charitable, educational, or religious uses
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Allows courts to modify deed restrictions when changed conditions make it impossible or impractical to use the land for its original intended purpose
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Adds "pledged" to the list of actions courts may authorize, enabling property to be used as collateral while still serving its general public purpose
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Permits courts to authorize sale of the land at the highest obtainable price, with proceeds reinvested consistent with the original instrument's purpose
Legislative Description
Modify restrictions on lands for certain public purposes.
Property
Last Action
Signed by the Governor on March 12, 2026 H.J. 562
3/12/2026