South Dakota Statutes
§ 9-27-3 — Payment by municipality of prior lien--Foreclosure after municipal failure to pay.
The governing body shall have power to pay a prior lien or liens out of any moneys in its general fund in order to protect its interests in property described by § 9-27-2 . The holder of a prior lien may foreclose or otherwise realize upon the same if such municipality shall fail to pay said lien either by a sale of such property or otherwise within ninety days after written demand shall have been made upon the governing body.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 9-27-3 (Payment by municipality of prior lien--Foreclosure after municipal failure to pay.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1935, ch 156, § 3; SDC 1939, § 45.2120.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.