South Dakota Statutes
§ 54-8-3 — Avoidance of act or obligation of debtor for fraud--Obstruction of legal process.
A creditor can avoid the act or obligation of his debtor for fraud, only where the fraud obstructs the enforcement, by legal process, of his right to take the property affected by the transfer or obligation.
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South Dakota § 54-8-3 (Avoidance of act or obligation of debtor for fraud--Obstruction of legal process.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Heinzman v. Howard
348 N.W.2d 147 (South Dakota Supreme Court, 1984)
Legislative History
CivC 1877, § 2025; CL 1887, § 4658; RCivC 1903, § 2370; RC 1919, § 2043; SDC 1939, § 23.0107.
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.