SDCL § 54-10-8: Value of security, determination by compromise--Redemption of assets by liquidator.
Where this section sits in the code
- TITLE 54. DEBTOR AND CREDITOR
- CHAPTER 54-10. SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS
Under the circumstances described by § 54-10-7, the court may order the value of the security determined by compromise, if the secured creditor and the liquidator agree upon a value. The liquidator may redeem such assets by payment of the agreed value, if authorized by the court.
Collected 2026-09-03T15:18:57Z. Source file · JSON