{"data":{"id":"us-sd/sdcl-5-18a-35","jurisdiction":"us-sd","citation":"SDCL § 5-18A-35","heading":"Bond or approved security.","body":"In the procurement of supplies or services, a purchasing agency may require a bond or an approved security to be submitted with any bid or proposal as a guarantee that the bidder will enter into a contract with the purchasing agency. No offeror or bidder may be required to leave the bond or security posted for a longer period than that allowed by § 5-18A-5 if the bid or proposal is not accepted. The bond or approved security of the successful offeror or bidder shall be returned upon the signing of the contract.","path":["TITLE 5. PUBLIC PROPERTY, PURCHASES AND CONTRACTS","CHAPTER 5-18A. PUBLIC AGENCY PROCUREMENT--GENERAL PROVISIONS"],"source_url":"https://sdlegislature.gov/Statutes/5-18A-35","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"1dac7431a59eefc884f628793d0b11a8c85be0ef1355273873d2f09b52ce2712","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-5-18a-34","next":"us-sd/sdcl-5-18a-36"},"notice":"GroundRules: Original legal text. Not legal advice."}