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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 54-10-8: Value of security, determination by compromise--Redemption of assets by liquidator.

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Where this section sits in the code
  1. TITLE 54. DEBTOR AND CREDITOR
  2. 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

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