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<font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font><b><font face="Times New Roman" lang=EN-US>UNITED STATES</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US>SECURITIES AND EXCHANGE COMMISSION</font></b></p>
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<font face="Times New Roman" lang=EN-US>Washington, D.C. 20549</font></b></p>
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<font face="Times New Roman" lang=EN-US>______________</font></b></p>
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<font face="Times New Roman" lang=EN-US>&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US>FORM 8-K</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US>______________</font></b></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US>&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;"><b>
<font face="Times New Roman" lang=EN-US>CURRENT REPORT</font></b></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US>&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US>Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US>&nbsp;</font></p>
<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
<font face="Times New Roman" lang=EN-US>Date of Report (Date of earliest event reported):</font><b><font face="Times New Roman" lang=EN-US>
October 11, 2017</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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<b>
<font face="Times New Roman" size="5">Security Land and Development Corporation</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Exact name of registrant as specified in its charter)</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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			<b><font face="Times New Roman" size="2">Georgia</font></b></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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			<b>
			<font color=black face="Times New Roman" style="background:white;font-size:10.0pt;">0-7865</font></b></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
			</p></td>
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			<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">

			<b><font face="Times New Roman" size="2">58-1088232</font></b></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">(State or Other Jurisdiction</font></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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			<font face="Times New Roman" style="font-size:10.0pt;">(Commission</font></p>
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			<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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			<font face="Times New Roman" style="font-size:10.0pt;">(I.R.S. Employer</font></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">of Incorporation)</font></p>
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			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
			</p></td>
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			<p align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">
			<font face="Times New Roman" style="font-size:10.0pt;">File Number)</font></p>
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			<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
			<font face="Times New Roman" style="font-size:10.0pt;">&nbsp; </font>
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			<font face="Times New Roman" style="font-size:10.0pt;">Identification No.)</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p align=center style="margin-bottom:.0001pt;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in; background-image:none; background-repeat:repeat; background-attachment:scroll">
<b><font face="Times New Roman" size="2">2816 Washington Road, 103</font></b></p>
<p align=center style="margin-bottom:.0001pt;text-align:center; margin-left:0in; margin-right:0in; margin-top:0in; background-image:none; background-repeat:repeat; background-attachment:scroll">
<b><font face="Times New Roman" size="2">Augusta, GA 30909</font></b></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&#160;&#160;(Address of Principal Executive Office) (Zip Code)</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
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<u>
<font color=black face="Times New Roman" lang=EN-US style="background:white;font-size:10.0pt;">(706)
736-6334</font></u></b><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">
</font></p>
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<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">(Registrant&#8217;s telephone number, including area code)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face=Wingdings lang=EN-US style="font-size:10.0pt;">&#168;</font><font face=wingdings lang=EN-US style="font-size:10.0pt;">
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=Wingdings lang=EN-US style="font-size:10.0pt;">&#168;</font><font face=wingdings lang=EN-US style="font-size:10.0pt;">
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=Wingdings lang=EN-US style="font-size:10.0pt;">&#168;</font><font face=wingdings lang=EN-US style="font-size:10.0pt;">
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;"><br></font>
<font face=Wingdings lang=EN-US style="font-size:10.0pt;">&#168;</font><font face=wingdings lang=EN-US style="font-size:10.0pt;">
</font><font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="background:white;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
&#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
&#167;240.12b-2).</font></p>
<p style="background:white;margin-bottom:.0001pt;margin-left:0in;margin-right:0in;margin-top:6.0pt;">
&nbsp;</p>
<p align=right style="background:white;margin-bottom:.0001pt;text-align:left;margin-left:0in; margin-right:0in; margin-top:0in">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">Emerging growth
company </font><font face=Wingdings lang=EN-US style="font-size:10.0pt;">&#168;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font color=black face="Times New Roman" lang=EN-US style="font-size:10.0pt;">If an emerging
growth company, indicate by check mark if the registrant has elected not to use
the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
</font><font color=black face="ms mincho" lang=EN-US style="font-size:10.0pt;">&#9744;</font></p>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></p>
<div align=center style="margin:0in;margin-bottom:.0001pt;text-align:center;">&nbsp;</div>
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<DIV>
	<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
	<font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
</DIV><HR noshade align="center" width="100%" size=2><DIV STYLE="page-break-before: always">&nbsp;</div><a name="page_2"></a><a name="_bclPageBorder2"></a>
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	<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;">
	<font face="Times New Roman" lang=EN-US style="font-size:12.0pt;">&nbsp;</font></p>
</DIV>
<p style="margin:0in;margin-bottom:.0001pt;text-align:justify;"><b>
<font face="Times New Roman" lang=EN-US style="font-size:10.0pt;">&nbsp;</font></b></p>
<p class=MsoNormal>Item 5.02&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Departure of Directors or Certain
Officers</p>
<p class=MsoNormal>On May 29, 2017, M. David Alalof elected to sell his 106,360
shares, his entire holding in the company, back to the company and effectively
resigned from the Board of Directors.</p>
<p class=MsoNormal>&nbsp;</p>
<p class=MsoNormal align=center style='text-align:center'>SIGNATURES</p>
<p class=MsoNormal>&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.</p>
<p class=MsoNormal>&nbsp;</p>
<p class=MsoNormal>&nbsp;</p>
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		<td>DATED:&nbsp; October 11, 2017&nbsp; </td>
		<td>
		<p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt'>BY:&#160;
		<u>/S/ T.
GREENLEE FLANAGIN&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
		</u></p></td>
	</tr>
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		<td>&nbsp;</td>
		<td>
		<p class=MsoNormal style='margin-bottom:0in;margin-bottom:.0001pt; margin-left:50px'>T.
GREENLEE FLANAGIN, PRESIDENT</p></td>
	</tr>
	<tr>
		<td>&nbsp;</td>
		<td>
		<p class=MsoNormal style='margin-top:0in;margin-right:0in;margin-bottom:0in;
margin-left:50px;margin-bottom:.0001pt'>CHIEF EXECUTIVE OFFICER AND <br>
		CHIEF FINANCIAL OFFICER</p></td>
	</tr>
</table>
<p style="margin:0in;margin-bottom:.0001pt;">&nbsp;</p>

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________
FORM 8-K
______________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 11, 2017
Security Land and Development Corporation
(Exact name of registrant as specified in its charter)
Georgia
0-7865
58-1088232
(State or Other Jurisdiction
(Commission
(I.R.S. Employer
of Incorporation)
File Number)
Identification No.)
2816 Washington Road, 103
Augusta, GA 30909
(Address of Principal Executive Office) (Zip Code)
(706)
736-6334
(Registrant's telephone number, including area code)
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing
obligation of the registrant under any of the following provisions:
¨
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
§240.12b-2).
Emerging growth
company
¨
If an emerging
growth company, indicate by check mark if the registrant has elected not to use
the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
Item 5.02             Departure of Directors or Certain
Officers
On May 29, 2017, M. David Alalof elected to sell his 106,360
shares, his entire holding in the company, back to the company and effectively
resigned from the Board of Directors.
SIGNATURES
Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to
be signed on its behalf by the undersigned hereunto duly authorized.
DATED:  October 11, 2017
BY:
/S/ T.
GREENLEE FLANAGIN
T.
GREENLEE FLANAGIN, PRESIDENT
CHIEF EXECUTIVE OFFICER AND
CHIEF FINANCIAL OFFICER