There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 15 CIVIL PROCEDURE
Chapter 02. Limitation Of Actions Generally
§15-2-5 Accrual of cause of action for mortgage foreclosure.
SD Codified L § 15-2-5 (through 2011) What's This?
15-2-5. Accrual of cause of action for mortgage foreclosure. For the purposes of this chapter a cause of action for the foreclosure of a mortgage shall be deemed to have accrued at the last date of the maturity of the debt or other obligation secured thereby, as stated in, or as ascertainable from the record of such mortgage or in an extension thereof duly executed and recorded, and if no date for any maturity be stated therein or be ascertainable therefrom then after fifteen years from the date of said mortgage.
Source: SDC 1939 & Supp 1960, § 33.0233.
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