South Dakota Statutes

§ 36-21A-81 — Disbursement pursuant to written agreement of trust funds where purchase agreement does not close.

South Dakota § 36-21A-81
JurisdictionSouth Dakota
Title 36PROFESSIONS AND OCCUPATIONS
Ch. 36-21REAL ESTATE LICENSING

This text of South Dakota § 36-21A-81 (Disbursement pursuant to written agreement of trust funds where purchase agreement does not close.) 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 § 36-21A-81 (2026).

Text

If an accepted offer and agreement to purchase does not close, a broker may not disburse any funds held in trust, relative to such real estate transaction, except pursuant to a written instruction of all parties to the transaction or pursuant to a court order.

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Legislative History

SL 1992, ch 273, § 81; SL 1996, ch 236, § 7.

Nearby Sections

15
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Bluebook (online)
South Dakota § 36-21A-81, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/36-21A-81.