2011 South Dakota Code
Title 43 PROPERTY
Chapter 30A. Abandoned Mineral Interests
§43-30A-5 Circumstances where failure to file statement does not extinguish interest.

43-30A-5. Circumstances where failure to file statement does not extinguish interest. Failure to record the statement of claim within the time period provided in § 43-30A-4 does not cause a mineral interest to be extinguished if the owner of the mineral interest meets all of the following requirements:

(1) Owns one or more mineral interests in the county in which the mineral interest in question is located at the time of the expiration of the time period provided in § 43-30A-4;

(2) Inadvertently failed to preserve the mineral interest in question; and

(3) Within sixty days after completion of the publication of the notice provided for in § 43-30A-6, recorded a statement of claim.

Source: SL 1985, ch 338, § 5.