South Dakota Statutes
§ 44-10-11 — Debtor's misrepresentation of value of pledge.
South Dakota § 44-10-11
This text of South Dakota § 44-10-11 (Debtor's misrepresentation of value of pledge.) 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 § 44-10-11 (2026).
Text
Where a debtor has obtained credit or an extension of time by a fraudulent representation of the value of the property pledged by or for him, the creditor may demand a further pledge to correspond with the value represented; and in default thereof may foreclose the pledge and recover his debt immediately though it be not actually due.
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Legislative History
CivC 1877, § 1770; CL 1887, § 4405; RCivC 1903, § 2117; RC 1919, § 1618; SDC 1939, § 39.0510.
Nearby Sections
15
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Bluebook (online)
South Dakota § 44-10-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/44-10-11.