SDCL § 43-2B-6: Forfeited interest--Distribution of sale proceeds--Priority.
Where this section sits in the code
- TITLE 43. PROPERTY
- CHAPTER 43-2B. FOREIGN OWNERSHIP OF LAND
Proceeds from the sale of a real property interest ordered pursuant to § 43-2B-5 must be distributed in the following order:
(1) Payment of the costs of the sale, including all approved fees and expenses, and any taxes and assessments due;
(2) Payment, in an amount approved by the court, to the attorney general for reimbursement of investigation and litigation costs and expenses;
(3) Payment to bona fide lienholders, in order of priority, except for any lien remaining against the real property under the terms of the sale; and
(4) Payment of any remaining proceeds to the person that held the interest immediately before entry of judgment.
Collected 2026-09-03T15:18:57Z. Source file · JSON