South Dakota Statutes
§ 54-10-7 — Statutory provisions for determination of value of obligations impracticable or resulting in undue delay--Alternative method for determination of value.
South Dakota § 54-10-7
JurisdictionSouth Dakota
Title 54DEBTOR AND CREDITOR
Ch. 54-10SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS
This text of South Dakota § 54-10-7 (Statutory provisions for determination of value of obligations impracticable or resulting in undue delay--Alternative method for determination of value.) 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 § 54-10-7 (2026).
Text
Where valuation under the provisions of §§ 54-10-5 and 54-10-6 is impracticable or would cause undue delay, the court, upon petition by either the secured creditor or the liquidator, may order the value of the security determined by any of the methods provided by §§ 54-10-8 to 54-10-10 , inclusive.
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Legislative History
SL 1941, ch 162, § 6; SDC Supp 1960, § 37.26A06.
Nearby Sections
15
§ 54-1-2
Loan of money defined.§ 54-1-6
"Open account" defined.§ 54-1-7
Open account--Interest rates.§ 54-1-9
"Securitization" defined.§ 54-10-1
Definition of terms.§ 54-10-10
Value of security, determination by liquidator's sale of assets--Order of sale, requirements.§ 54-10-13
Uniformity of interpretation of chapter.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 54-10-7, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-10-7.