South Dakota Statutes

§ 21-23-11 — Cash sale at public auction--Terms and security when deferred payments permitted.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-23 JUDICIAL SALES
Unless for good cause the court orders otherwise, all sales of property shall be at public auction for cash. If any portion of the purchase price is to be upon deferred payments, the order of the court shall require adequate security and shall fix the time within which payments are to be made and prescribe the rate of interest.

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South Dakota § 21-23-11 (Cash sale at public auction--Terms and security when deferred payments permitted.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Supreme Court Order No. 2 (7) adopted October 12, 1944; SDC Supp 1960, § 33.26A07.

Nearby Sections

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