2015 South Dakota Codified Laws
Title 54 - DEBTOR AND CREDITOR
Chapter 13 - State Farm Mediation Board
§ 54-13-16 Statement of waiver or failure to reach agreement deemed release.
54-13-16. Statement of waiver or failure to reach agreement deemed release.
If the borrower waives mediation or if a mediation agreement is not reached, a statement to that effect shall be prepared by the mediator and such statement shall constitute a mediation release. Unless the borrower waives mediation, a creditor may not receive a mediation release pursuant to § 54-13-10 until that creditor has attended at least one scheduled mediation meeting.
Source: SL 1988, ch 384, § 16.
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.
