South Dakota Statutes

§ 21-45-40 — Clerk of courts to take and hold security and investment of proceeds.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-45 PARTITION AND SALE OF REAL ESTATE
When the security of the proceeds of the sale is taken, or when an investment of any such proceeds is made, it must be done, except as herein otherwise provided, in the name of the clerk of courts of the county where the papers are filed, and his successors in office, who must hold the same for the use and benefit of the parties interested, subject to the order of the court.

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South Dakota § 21-45-40 (Clerk of courts to take and hold security and investment of proceeds.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

CCivP 1877, § 585; CL 1887, § 5399; RCCivP 1903, § 624; RC 1919, § 2835; SDC 1939 & Supp 1960, § 37.1432.

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