South Dakota § 34A-15-4 Limitation on third

South Dakota Statutes

§ 34A-15-4 — Limitation on third

South Dakota § 34A-15-4

Title 34AENVIRONMENTAL PROTECTION

Ch. 34A-15LIMITATION ON LIABILITY OF LENDERS FOR ENVIRONMENTAL DAMAGE

This text of South Dakota § 34A-15-4 (Limitation on third) 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 § 34A-15-4 (2026).

Text

No lender - owner or representative may by virtue of becoming the owner of real or personal property be liable for any third - party liability arising from contamination or pollution emanating from the property before the date the title vests in the lender - owner or representative. For the purposes of this chapter, the issuance of a sheriff's certificate of sale is not sufficient to vest title in the lender - owner or representative.

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No lender - owner or representative may by virtue of becoming the owner of real or personal property be liable for any third - party liability arising from contamination or pollution emanating from the property before the date the title vests in the lender - owner or representative. For the purposes of this chapter, the issuance of a sheriff's certificate of sale is not sufficient to vest title in the lender - owner or representative.