Statutes, codes, and regulations
South Dakota Codified Laws
Title 44 - LIENS
Chapter 1 - DEFINITIONS AND GENERAL PROVISIONS
Section 44-1-8 - Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void

S.D. Codified Laws § 44-1-8

Download
PDF
Current through the 2024 Legislative Session
Section 44-1-8 - Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void

All contracts for forfeiture of property subject to a lien in satisfaction of the obligation secured thereby and all contracts in restraint of the right of redemption from a lien are void.

SDCL 44-1-8

CivC 1877, § 1707; CL 1887, § 4331; RCivC 1903, § 2027; RC 1919, § 1532; SDC 1939, § 39.0108.