There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 21 JUDICIAL REMEDIES
Chapter 48A. Nonjudicial Voluntary Foreclosure
§21-48A-2 Lien released upon failure of junior lienholder to redeem.
SD Codified L § 21-48A-2 (through 2011) What's This?
21-48A-2. Lien released upon failure of junior lienholder to redeem. A junior lienholder may redeem the real property pursuant to § 21-48A-5. If a junior lienholder fails to redeem its lien as provided in this chapter, its lien shall be released from the property.
Source: SL 1991, ch 185, § 2.
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