The commissioner of the Governor's Office of Economic Development, with the approval of the Governor, is authorized and empowered to bid for and purchase at any execution, foreclosure, or other sale, or otherwise to acquire property upon which the commissioner has a lien by reason of a judgment or execution, or which is pledged, mortgaged, conveyed, or which otherwise secures any loan or other indebtedness owing to or acquired by the commissioner under §§ 1-53-23 to 1-53-37, inclusive.
S.D. Codified Laws § 1-53-27
Purchase and acquisition of property securing indebtedness
Known as the South Dakota Certified Beef Program Act
The act spans §§ 1–1 (47 sections).
Source: SL 1951, ch 4, § 5; SDC Supp 1960, § 4.0119(2); SDCL § 38-6-6; SL 2019, ch 235 (Ex
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.