South Dakota Statutes
§ 54-9-10 — Assent of creditors necessary to modification of assignment.
South Dakota § 54-9-10
This text of South Dakota § 54-9-10 (Assent of creditors necessary to modification of assignment.) 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 § 54-9-10 (2026).
Text
An assignment for the benefit of creditors, which has been executed and recorded so as to transfer the property to the assignee, cannot afterward be canceled or modified by the parties thereto, without the consent of every creditor affected thereby.
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Legislative History
CivC 1877, § 2046; CL 1887, § 4680; RCivC 1903, § 2392; RC 1919, § 2065; SDC 1939 & Supp 1960, § 37.5109.
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 § 54-9-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-9-10.