Statutes, codes, and regulations
South Dakota Codified Laws
Title 54 - DEBTOR AND CREDITOR
Chapter 10 - SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS
Section 54-10-2 - Secured creditor's claim against general assets-Disclosure of nature of security

S.D. Codified Laws § 54-10-2

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Current through the 2024 Legislative Session
Section 54-10-2 - Secured creditor's claim against general assets-Disclosure of nature of security

In a liquidation proceeding every secured creditor's claim against the general assets shall disclose the nature of the security. When a decedent's estate already in the course of administration is judicially declared insolvent or when in an equity receivership it is determined that the subject under receivership is insolvent, secured creditors having claims on file which do not comply with this section shall make disclosure within a time to be fixed by the court.

SDCL 54-10-2

SL 1941, ch 162, § 2; SDC Supp 1960, § 37.26A02.