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S.D. Codified Laws § 15-19-16

Real property sale terminated when sufficient amount raised

Applied in 1 court decision — leading case Valmont Credit Corp. v. McIlravy (1985)

Most recently applied in Valmont Credit Corp. v. McIlravy (July 1985)

Source: SDC 1939 & Supp 1960, § 33.2008.

When the total amount realized from the sale of one or more distinct farms, tracts, lots, or parcels of real property equals or exceeds the amount necessary to satisfy the judgment, no more property shall be sold.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.