South Dakota Statutes
§ 58-27-47 — Acquisition of chattel mortgage--Separate appraisal of included items to determine fair market value--Maximum amount of loan.
South Dakota § 58-27-47
This text of South Dakota § 58-27-47 (Acquisition of chattel mortgage--Separate appraisal of included items to determine fair market value--Maximum amount of loan.) 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 § 58-27-47 (2026).
Text
Prior to the acquisition of a chattel mortgage under § 58-27-45 , items of property to be included therein shall be separately appraised by a qualified appraiser and the fair market value thereof determined. No such chattel mortgage loan shall exceed in amount the same ratio of loan to the value of the property as is applicable to the companion loan on the real property.
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Legislative History
SL 1966, ch 111, ch 6, § 29 (3).
Nearby Sections
15
§ 58-1-1
Citation of title.§ 58-1-11
General saving clause.§ 58-1-13
Severability of provisions.§ 58-1-14
Notice of nonrenewal of policy must be mailed sixty days prior to renewal date--Exceptions.§ 58-1-14.1
Notice of refusal to renew--Thirty§ 58-1-16.1
Applicability of §§ 58-1-18
Repealed by SL 2012, ch 252, § 30.§ 58-1-2
Definition of terms.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 58-27-47, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-47.