When a party entitled to a share of the property, or an encumbrancer entitled to have his lien paid out of the sale, becomes a purchaser, the referees may take his receipt for so much of the proceeds of the sale as belongs to him.
S.D. Codified Laws § 21-45-34
Purchase by cotenant or lien holder
Applied in 1 court decision — leading case Kruger v. Kruger (1976)
Most recently applied in Kruger v. Kruger (March 1976)
Source: CCivP 1877, § 582; CL 1887, § 5396; RCCivP 1903, § 621; RC 1919, § 2832; SDC 1939 & Supp 1960, § 37.1435.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.