There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 21 JUDICIAL REMEDIES
Chapter 48. Foreclosure Of Real Property Mortgage By Advertisement
§21-48-17 Investment of surplus proceeds deposited with clerk.
SD Codified L § 21-48-17 (through 2011) What's This?
21-48-17. Investment of surplus proceeds deposited with clerk. If such surplus, or any part thereof, shall remain with the clerk of said court for a term of three months without the rights thereto being fully determined, the clerk may deposit the same in some bank in said county and take an interest-bearing certificate of deposit therefor, and hold the same for the benefit of the person or persons who may be entitled thereto until the rights of the parties thereto have been fully determined.
Source: SL 1923, ch 222; SDC 1939 & Supp 1960, § 37.3006.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
