South Dakota Statutes
§ 21-48-17 — Investment of surplus proceeds deposited with clerk.
South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-48 FORECLOSURE OF REAL PROPERTY MORTGAGE BY ADVERTISEMENT
If such surplus, or any part thereof, shall remain with the clerk of said court for a term of three months without the rights thereto being fully determined, the clerk may deposit the same in some bank in said county and take an interest - bearing certificate of deposit therefor, and hold the same for the benefit of the person or persons who may be entitled thereto until the rights of the parties thereto have been fully determined.
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South Dakota § 21-48-17 (Investment of surplus proceeds deposited with clerk.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1923, ch 222; SDC 1939 & Supp 1960, § 37.3006.
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