Statutes, codes, and regulations
South Dakota Codified Laws
Title 21 - JUDICIAL REMEDIES
Chapter 23 - JUDICIAL SALES
Section 21-23-11 - Cash sale at public auction-Terms and security when deferred payments permitted

S.D. Codified Laws § 21-23-11

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Current through the 2024 Legislative Session
Section 21-23-11 - Cash sale at public auction-Terms and security when deferred payments permitted

Unless for good cause the court orders otherwise, all sales of property shall be at public auction for cash. If any portion of the purchase price is to be upon deferred payments, the order of the court shall require adequate security and shall fix the time within which payments are to be made and prescribe the rate of interest.

SDCL 21-23-11

Supreme Court Order No. 2 (7) adopted October 12, 1944; SDC Supp 1960, § 33.26A07.