South Dakota § 21-1-7 Market value considered in estimating damages for deprivation of possession of property.

South Dakota Statutes

§ 21-1-7 — Market value considered in estimating damages for deprivation of possession of property.

South Dakota § 21-1-7

Title 21JUDICIAL REMEDIES

Ch. 21-1ACTIONS FOR DAMAGES GENERALLY

This text of South Dakota § 21-1-7 (Market value considered in estimating damages for deprivation of possession of property.) 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 § 21-1-7 (2026).

Text

In estimating damages except as provided by §§ 21-1-8 and 21-1-9 the value of property to an owner thereof deprived of its possession is deemed to be the price at which he might have bought an equivalent thing, in the market nearest to the place where the property ought to have been put into his possession and at such time after the breach of duty upon which his right to damages is founded as would suffice, with reasonable diligence, for him to make such a purchase.

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In estimating damages except as provided by §§ 21-1-8 and 21-1-9 the value of property to an owner thereof deprived of its possession is deemed to be the price at which he might have bought an equivalent thing, in the market nearest to the place where the property ought to have been put into his possession and at such time after the breach of duty upon which his right to damages is founded as would suffice, with reasonable diligence, for him to make such a purchase.