South Dakota § 21-3A-7 Security authorized for payment of judgment for periodic installments.

South Dakota Statutes

§ 21-3A-7 — Security authorized for payment of judgment for periodic installments.

South Dakota § 21-3A-7

Title 21JUDICIAL REMEDIES

Ch. 21-3APERIODIC PAYMENTS OF CERTAIN JUDGMENTS AND SETTLEMENTS

This text of South Dakota § 21-3A-7 (Security authorized for payment of judgment for periodic installments.) 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 § 21-3A-7 (2026).

Text

Security authorized or required for payment of a judgment for periodic installments entered in accordance with this chapter shall be in one or more of the following forms and approved by the court:

(1)Bond executed by a qualified insurer;

(2)Annuity contract executed by a qualified insurer;

(3)Evidence of applicable and collectible liability insurance with one or more qualified insurers;

(4)An agreement by one or more qualified insurers to guarantee payment of the judgment; or (5) Any other satisfactory form of security. Security complying with this section serves also as a required supersedeas bond.

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Security authorized or required for payment of a judgment for periodic installments entered in accordance with this chapter shall be in one or more of the following forms and approved by the court: (1) Bond executed by a qualified insurer; (2) Annuity contract executed by a qualified insurer; (3) Evidence of applicable and collectible liability insurance with one or more qualified insurers; (4) An agreement by one or more qualified insurers to guarantee payment of the judgment; or (5) Any other satisfactory form of security. Security complying with this section serves also as a required supersedeas bond.