Any school fund loan mortgage or courthouse or jail building fund mortgage compromised by any board of county commissioners before February 16, 1935, is hereby legalized and declared to be valid, if such compromise was made in good faith and in the interest and to the advantage of the county.
S.D. Codified Laws § 7-19-6
Validation of prior mortgage compromises by county commissioners
Source: SL 1935, ch 81, § 3; SDC 1939, § 12.1916.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.