South Dakota Statutes
§ 10-50B-16 — Amendment of escrow agreement to execute assignment--Requirements--Delivery.
South Dakota § 10-50B-16
This text of South Dakota § 10-50B-16 (Amendment of escrow agreement to execute assignment--Requirements--Delivery.) 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 § 10-50B-16 (2026).
Text
The parties to a qualified escrow agreement may amend the agreement for the purposes of executing an assignment pursuant to § 10-50B-15 . An assignment executed pursuant to § 10-50B-15 shall be in writing and signed by the assignee and the assignor or by an authorized agent or representative of the assignor. An assignment in writing that is duly executed becomes enforceable after a copy of the assignment is delivered to the attorney general and the financial institution where the qualified escrow fund is maintained.
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Legislative History
SL 2019, ch 67, § 2.
Nearby Sections
15
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Bluebook (online)
South Dakota § 10-50B-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-50B-16.