2011 South Dakota Code
Title 21 JUDICIAL REMEDIES
Chapter 49. Short-Term Redemption Mortgages
§21-49-14 Forms of mortgages authorized--Address and description requirements not applicable.


SD Codified L § 21-49-14 (through 2011) What's This?

21-49-14. Forms of mortgages authorized--Address and description requirements not applicable. Real estate mortgages, in any form, including but not limited to, open end mortgages, collateral real estate mortgages, renegotiated rate mortgages, shared appreciation mortgages, and variable rate mortgages are authorized under the provisions of this chapter. The provisions of § 7-9-7 shall not be applicable to proceedings under this chapter.

Source: SL 1977, ch 187, § 4; SL 1981, ch 170, § 2.

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