South Dakota Statutes
§ 54-13-16 — Statement of waiver or failure to reach agreement deemed release.
If the borrower waives mediation or if a mediation agreement is not reached, a statement to that effect shall be prepared by the mediator and such statement shall constitute a mediation release. Unless the borrower waives mediation, a creditor may not receive a mediation release pursuant to § 54-13-10 until that creditor has attended at least one scheduled mediation meeting.
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South Dakota § 54-13-16 (Statement of waiver or failure to reach agreement deemed release.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1988, ch 384, § 16.
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.