South Dakota Statutes
§ 21-47-17 — Foreclosure as complete satisfaction of debt--Exception.
South Dakota § 21-47-17
JurisdictionSouth Dakota
Title 21JUDICIAL REMEDIES
Ch. 21-47ACTIONS TO FORECLOSE REAL PROPERTY MORTGAGES
This text of South Dakota § 21-47-17 (Foreclosure as complete satisfaction of debt--Exception.) 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 § 21-47-17 (2026).
Text
Except as provided by § 21-47-16 , a foreclosure by action of a mortgage upon real estate operates as a complete extinguishment, satisfaction and payment of the debt secured by the mortgage. However, a foreclosure may not be considered to be satisfaction of an assignment of rents agreement under the mortgage.
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Related
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849 F.2d 1078 (Eighth Circuit, 1988)
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In Re Feimer
131 B.R. 857 (D. South Dakota, 1991)
In Re Berg
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In re Bunke
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Legislative History
SL 1939, ch 146, § 2; SDC Supp 1960, § 37.29
Nearby Sections
15
§ 21-1-11
Repealed§ 21-1-13
Repealed§ 21-1-13.2
Application of interest statutes.§ 21-1-14
Liability of issuer of bad check for collection costs--Costs included in restitution award.§ 21-1-15
Definitions.§ 21-1-3
Damages to be reasonable.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 21-47-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/21-47-17.