S.D. Codified Laws § 7-19-4

Current through the 2024 Legislative Session
Section 7-19-4 - Resolution for compromise of mortgage indebtedness

The compromise authorized by § 7-19-3 shall be by resolution duly made and entered of record, setting forth the description of the land secured by said mortgage, the amount due thereon for principal, interest, and taxes, and the sum for which said mortgaged indebtedness is being compromised, which said resolution shall be passed by a unanimous affirmative vote of said board of county commissioners.

SDCL 7-19-4

SL 1935, ch 81, § 2; SDC 1939, § 12.1916.