2021 South Dakota Codified Laws
Title 36 - Professions and Occupations
Chapter 21A - Real Estate Licensing
Section 36-21A-115 - Subrogation of fund to rights under judgment paid--Assignment.

36-21A-115. Subrogation of fund to rights under judgment paid--Assignment.

If, upon the order of the court, the commission has paid from the fund any sum to the judgment creditor, the commission shall be subrogated to all of the rights of the judgment creditor to the extent of the amount so paid. The judgment creditor shall assign all his right, title and interest in the judgment to the extent of the amount so paid to the commission and any amount and interest so recovered by the commission on the judgment shall be deposited to the fund.

Source: SL 1992, ch 273, ยง115.

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