South Dakota Statutes

§ 21-45-52 — Lien holder required to resort to other secured property.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-45 PARTITION AND SALE OF REAL ESTATE
Whenever any party to an action who holds a lien upon the property or any part thereof, has other securities for the payment of the amount of such lien, the court may, in its discretion, order such security to be exhausted before distribution of the proceeds of sale, or may order a just deduction to be made from the amount of the lien on the property on account thereof.

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South Dakota § 21-45-52 (Lien holder required to resort to other secured property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

CCivP 1877, § 568; CL 1887, § 5382; RCCivP 1903, § 607; RC 1919, § 2818; SDC 1939 & Supp 1960, § 37.1419.

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