South Dakota Statutes

§ 58-27-35 — Deduction of sum owing on real property but not due or delinquent--Reserved rights not included in fair value of property.

South Dakota § 58-27-35
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27LOANS AND INVESTMENTS OF INSURERS

This text of South Dakota § 58-27-35 (Deduction of sum owing on real property but not due or delinquent--Reserved rights not included in fair value of property.) 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 § 58-27-35 (2026).

Text

If under any of the exceptions set forth in § 58-27-34 there is any sum owing but not due or delinquent, the total amount of such sum shall be deducted from the amount which otherwise might be loaned on the property. The value of any mineral, oil, timber, or similar right reserved shall not be included in the fair value of the property.

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Legislative History

SL 1966, ch 111, ch 6, § 28 (2).

Nearby Sections

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Bluebook (online)
South Dakota § 58-27-35, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-35.