South Dakota Statutes

§ 58-27-71 — Disposal of real estate acquired in satisfaction of debt, as part payment of consideration on sale of real estate, as gift or devise, or through merger, consolidation, or bulk reinsurance--Time limit.

South Dakota § 58-27-71
JurisdictionSouth Dakota
Title 58INSURANCE
Ch. 58-27LOANS AND INVESTMENTS OF INSURERS

This text of South Dakota § 58-27-71 (Disposal of real estate acquired in satisfaction of debt, as part payment of consideration on sale of real estate, as gift or devise, or through merger, consolidation, or bulk reinsurance--Time limit.) 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 § 58-27-71 (2026).

Text

Except as stated in § 58-27-72 , the insurer shall dispose of real estate acquired under subdivisions 58-27-50(2), (3), and (4) within five years after the date of acquisition. The insurer may agree to sell such real estate by contract for deed upon the best terms obtainable.

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Legislative History

SL 1966, ch 111, ch 6, § 31 (2).

Nearby Sections

15
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Bluebook (online)
South Dakota § 58-27-71, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/58-27-71.