Entering into any negotiation to exchange land does not legally bind either party to proceed with the processing of the land exchange or to consummate a proposed exchange, or to reimburse or pay damages to any party to a proposed land exchange that is not consummated or to anyone doing business with the party.

Source: 26 SDR 99, effective February 3, 2000.

General Authority: SDCL 5-3-7.

Law Implemented: SDCL 5-3-7.