South Dakota § 38-34-15 Satisfaction of assessment liability if crops remain in storage for duration of pledge or mortgage--Exception.

South Dakota Statutes

§ 38-34-15 — Satisfaction of assessment liability if crops remain in storage for duration of pledge or mortgage--Exception.

South Dakota § 38-34-15

Title 38AGRICULTURE AND HORTICULTURE

Ch. 38-33PULSE CROPS

This text of South Dakota § 38-34-15 (Satisfaction of assessment liability if crops remain in storage for duration of pledge or mortgage--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 § 38-34-15 (2026).

Text

If pulse crops described in § 38-34-14 remain in farm storage for the duration of the pledge or mortgage, the assessment paid at the time the loan was made completely satisfies the assessment liability unless upon subsequent actual delivery of the pulse crop from farm storage in satisfaction of the pledge, or mortgage in the amount of one dollar or more, any underpayment is due solely to the necessity of estimating the quantity of the pulse crops placed in farm storage.

Free access — add to your briefcase to read the full text and ask questions with AI

If pulse crops described in § 38-34-14 remain in farm storage for the duration of the pledge or mortgage, the assessment paid at the time the loan was made completely satisfies the assessment liability unless upon subsequent actual delivery of the pulse crop from farm storage in satisfaction of the pledge, or mortgage in the amount of one dollar or more, any underpayment is due solely to the necessity of estimating the quantity of the pulse crops placed in farm storage.