In like manner holders of junior liens may redeem from a prior redemptioner, making payments required in § 21-52-14, and paying, in addition, the amounts of any liens senior to their own, on which successive prior redemptions have been made, including any sums advanced for taxes, insurance, and installments of principal or interest, by such senior redemptioner, if he shall have filed in the office of the register of deeds an affidavit setting forth the amounts of such advances for principal and interest, taxes and insurance. Redemptioners need not redeem in the order of priority of their liens.
S.D. Codified Laws § 21-52-19
Successive redemptions by junior lien holders
Applied in 2 court decisions — leading case Arnoldy v. Mahoney & Finneman (2010)
Most recently applied in FarmPro Services, Inc. v. Finneman (October 2016)
Source: SL 1949, ch 142, § 11; SDC Supp 1960, § 37.5611.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.