South Dakota Statutes

§ 1-53-18 — Property given as security for loan.

South Dakota § 1-53-18

JurisdictionSouth Dakota

Title 1STATE AFFAIRS AND GOVERNMENT

Ch. 1-52GOVERNOR'S OFFICE OF ECONOMIC DEVELOPMENT

This text of South Dakota § 1-53-18 (Property given as security for loan.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 1-53-18 (2026).

Text

The Board of Economic Development may take title by foreclosure or transfer in lieu of foreclosure to any property given as security if the acquisition is necessary to protect or collect any small business credit initiative loan and may sell, transfer, or convey any such property to any responsible buyer.

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Legislative History

SL 2012, ch 15, § 4; SL 2022, ch 6, § 4.

Nearby Sections

15

§ 1-1-1

Territorial extent of sovereignty and jurisdiction--Cessions to United States.

§ 1-1-1.1

Retrocession of jurisdiction over federal enclaves--Indian lands excluded--Filing of documents--Document content--Agreement authorized.

§ 1-1-10

Land entry authorized to survey boundaries--Consent required to enter mine--Damage to property.

§ 1-1-11

§ 1-1-12

Indian country--Assumption of jurisdiction.

§ 1-1-13

Tribal referendum on jurisdiction of Indian lands--Notice of result to county commissioners--Failure to take referendum.

§ 1-1-14

Resolution of county commissioners assuming jurisdiction--Contract for federal reimbursement of costs.

§ 1-1-15

Prosecution of criminal offenses on Indian lands.

§ 1-1-16

Indian hunting, trapping and fishing rights preserved.

§ 1-1-17

Highways in Indian lands--Acceptance of jurisdiction.

§ 1-1-18

Indian country--Assumption of jurisdiction.

§ 1-1-19

Negotiation and acceptance of federal reimbursement of costs of jurisdiction.

§ 1-1-2

Federal jurisdiction over previously acquired land--Prior grants confirmed--Reserved jurisdiction to serve process.

§ 1-1-2.1

Concurrent federal and state jurisdiction over crimes on national park, memorial, and monument lands.

§ 1-1-2.2

Vesting and duration of concurrent jurisdiction.

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Bluebook (online)

South Dakota § 1-53-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/1-53-18.