South Dakota § 7-19-4 Resolution for compromise of mortgage indebtedness.

South Dakota Statutes

§ 7-19-4 — Resolution for compromise of mortgage indebtedness.

South Dakota § 7-19-4

Title 7COUNTIES

Ch. 7-19PROSECUTION OF CLAIMS BY COUNTY

This text of South Dakota § 7-19-4 (Resolution for compromise of mortgage indebtedness.) 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 § 7-19-4 (2026).

Text

The compromise authorized by § 7-19-3 shall be by resolution duly made and entered of record, setting forth the description of the land secured by said mortgage, the amount due thereon for principal, interest, and taxes, and the sum for which said mortgaged indebtedness is being compromised, which said resolution shall be passed by a unanimous affirmative vote of said board of county commissioners.

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The compromise authorized by § 7-19-3 shall be by resolution duly made and entered of record, setting forth the description of the land secured by said mortgage, the amount due thereon for principal, interest, and taxes, and the sum for which said mortgaged indebtedness is being compromised, which said resolution shall be passed by a unanimous affirmative vote of said board of county commissioners.