There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 38 AGRICULTURE AND HORTICULTURE
Chapter 06. Rural Rehabilitation Assets And Funds
§38-6-6 Purchase and acquisition of property securing indebtedness.
SD Codified L § 38-6-6 (through 2012) What's This?
38-6-6. Purchase and acquisition of property securing indebtedness. The secretary of agriculture, with the approval of the Governor, is authorized and empowered to bid for and purchase at any execution, foreclosure, or other sale, or otherwise to acquire property upon which the secretary has a lien by reason of a judgment or execution, or which is pledged, mortgaged, conveyed, or which otherwise secures any loan or other indebtedness owing to or acquired by the secretary under this chapter.
Source: SL 1951, ch 4, § 5; SDC Supp 1960, § 4.0119 (2).
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