South Dakota § 11-11-138 Receiver appointed to safeguard authority's loan.

South Dakota Statutes

§ 11-11-138 — Receiver appointed to safeguard authority's loan.

South Dakota·Title 11 PLANNING, ZONING AND HOUSING PROGRAMS·Ch. 11-8 SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY

In connection with any action or proceeding pursuant to § 11-11-137 , the authority may apply for the appointment of a receiver to take over, manage, operate, and maintain the affairs of such housing sponsor, and the authority through such agent as it shall designate is hereby authorized to accept the appointment of such receiver of any such sponsor when so appointed by a court of competent jurisdiction.

Free access — add to your briefcase to read the full text and ask questions with AI

In connection with any action or proceeding pursuant to § 11-11-137 , the authority may apply for the appointment of a receiver to take over, manage, operate, and maintain the affairs of such housing sponsor, and the authority through such agent as it shall designate is hereby authorized to accept the appointment of such receiver of any such sponsor when so appointed by a court of competent jurisdiction.

South Dakota § 11-11-138 (Receiver appointed to safeguard authority's loan.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.