41-4-5. Timber sales on sealed bids or at auction--Negotiated small sales. The Department of Game, Fish and Parks, at its discretion, may sell timber valued in excess of three hundred dollars either by the filing of sealed bids or at public auction. Sales of timber valued at less than three hundred dollars may be made by negotiation and without the necessity of public notice.
Source: SDC Supp 1960, § 25.1308 as enacted by SL 1966, ch 73, § 2.