South Dakota Statutes
§ 54-10-9 — Value of security, determination by litigation--Redemption of assets by liquidator.
South Dakota § 54-10-9
JurisdictionSouth Dakota
Title 54DEBTOR AND CREDITOR
Ch. 54-10SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS
This text of South Dakota § 54-10-9 (Value of security, determination by litigation--Redemption of assets by liquidator.) 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 § 54-10-9 (2026).
Text
Under the circumstances described by § 54-10-7 , the court may order the value of the security determined by litigation, through proceedings in the liquidation proceeding. The liquidator may redeem such assets by paying the value so determined, if authorized by the court.
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Legislative History
SL 1941, ch 162, § 6; SDC Supp 1960, § 37.26A06 (2).
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 § 54-10-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-10-9.