South Dakota Statutes
§ 44-3-6 — Subrogation of inferior lien holder.
One who has a lien inferior to another upon the same property has a right to be subrogated to all the benefits of the superior lien when necessary for the protection of his interests upon satisfying the claim secured thereby.
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South Dakota § 44-3-6 (Subrogation of inferior lien holder.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Schleuter Co., Inc. v. Sevigny
1997 SD 68 (South Dakota Supreme Court, 1997)
Schleuter Company
1997 SD 68 (South Dakota Supreme Court, 1997)
Legislative History
CivC 1877, § 1715, subdiv 2; CL 1887, § 4339, subdiv 2; RCivC 1903, § 2035, subdiv 2; RC 1919, § 1540 (2); SDC 1939, § 39.0117 (2).