{"data":{"id":"us-sd/sdcl-54-9-12","jurisdiction":"us-sd","citation":"SDCL § 54-9-12","heading":"Disposal or conversion of estate--Authority of assignee.","body":"Until the inventory and affidavit have been made, and the assignment has been duly recorded and the inventory filed, and the assignee has given a bond, an assignee for the benefit of creditors has no authority to dispose of the estate or convert it for the purposes of the trust.","path":["TITLE 54. DEBTOR AND CREDITOR","CHAPTER 54-9. ASSIGNMENT FOR BENEFIT OF CREDITORS"],"source_url":"https://sdlegislature.gov/Statutes/54-9-12","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"bd875ecc0d4badc4ce003f901cff3aaba3fe575e4b3fc8bce8d01646cf14a366","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-54-9-11","next":"us-sd/sdcl-54-9-13"},"notice":"GroundRules: Original legal text. Not legal advice."}