South Dakota Statutes

§ 15-2-7 — Actions to foreclose real estate mortgages.

South Dakota § 15-2-7
JurisdictionSouth Dakota
Title 15CIVIL PROCEDURE
Ch. 15-1LIMITATION OF ACTIONS GENERALLY

This text of South Dakota § 15-2-7 (Actions to foreclose real estate mortgages.) 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 § 15-2-7 (2026).

Text

Except where, in special cases, a different limitation is prescribed by statute, a civil action for the foreclosure of any real estate mortgage by action or by advertisement can be commenced only within fifteen years after the cause of action shall have accrued, and said period of fifteen years shall not be extended by nonresidence, legal disability, partial payment, or any new promise; provided, however, that the term "new promise" shall not be deemed to embrace an extension of a mortgage duly executed and recorded as contemplated by § 15-2-5 . This section shall apply to all real estate mortgages, both those heretofore executed and those hereafter executed.

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Related

Jenco, Inc. v. United Fire Group
2003 SD 79 (South Dakota Supreme Court, 2003)
14 case citations

Legislative History

SDC 1939, § 33.0232 (2); SL 1945, ch 144; SL 1961, ch 177, §§ 1, 3; SL 1965, ch 160.

Nearby Sections

15
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Bluebook (online)
South Dakota § 15-2-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/15-2-7.