South Dakota Statutes
§ 29A-3-805 — Classification of claims.
(a)If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:
(1)Costs and expenses of administration;
(2)Reasonable funeral expenses;
(3)Debts and taxes with preference under federal law;
(4)Debts and taxes with preference under other laws of this state;
(5)All other claims.
(b)No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.
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South Dakota § 29A-3-805 (Classification of claims.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
In Re Estate of Siebrasse
2002 SD 118 (South Dakota Supreme Court, 2002)
Legislative History
SL 1994, ch 232, § 3-805.
Nearby Sections
15
§ 29A-1-101
Short title.§ 29A-1-102
Purposes--Rule of construction.§ 29A-1-104
Severability.§ 29A-1-106
Effect of fraud and evasion.§ 29A-1-107
Evidence as to death or status.§ 29A-1-108
Acts by holder of general power.§ 29A-1-201
General definitions.§ 29A-1-301
Territorial application.§ 29A-1-303
Venue.§ 29A-1-304
Practice in court.§ 29A-1-305
Records and certified copies.§ 29A-1-306
Jury trial.§ 29A-1-307
Performance of acts and orders.