South Dakota Statutes
§ 21-45-55 — Investment of proceeds of sale for unknown or nonresident owner.
When there are proceeds of a sale belonging to an unknown owner, or to a person without the state who has no legal representative within it, the same must be invested in bonds of the United States for the benefit of the persons entitled thereto.
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South Dakota § 21-45-55 (Investment of proceeds of sale for unknown or nonresident owner.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CCivP 1877, § 584; CL 1887, § 5398; RCCivP 1903, § 623; RC 1919, § 2834; SDC 1939 & Supp 1960, § 37.1424.
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