SDCL § 21-48-17: Investment of surplus proceeds deposited with clerk.
Where this section sits in the code
- TITLE 21. JUDICIAL REMEDIES
- CHAPTER 21-48. FORECLOSURE OF REAL PROPERTY MORTGAGE BY ADVERTISEMENT
If such surplus, or any part thereof, shall remain with the clerk of said court for a term of three months without the rights thereto being fully determined, the clerk may deposit the same in some bank in said county and take an interest-bearing certificate of deposit therefor, and hold the same for the benefit of the person or persons who may be entitled thereto until the rights of the parties thereto have been fully determined.
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