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South Dakota Codified Laws

Chapter 54-10

S.D. Codified Laws ch. 54-10

Secured Creditors' Claims in Liquidation Proceedings

54-10-1Definition of terms.54-10-2Secured creditor's claim against general assets--Disclosure of nature of security.54-10-3Failure of secured creditor to disclose existence of security--Effect of concealment.54-10-4Dividends to secured creditors--Computation.54-10-5Obligation for payment of money as security--Determination of value.54-10-6Security other than obligation for the payment of money--Determination of value.54-10-7Statutory provisions for determination of value of obligations impracticable or resulting in undue delay--Alternative method for determination of value.54-10-8Value of security, determination by compromise--Redemption of assets by liquidator.54-10-9Value of security, determination by litigation--Redemption of assets by liquidator.54-10-10Value of security, determination by liquidator's sale of assets--Order of sale, requirements.54-10-11Value of exempt security not credited upon claim.54-10-12Application of chapter to existing transactions.54-10-13Uniformity of interpretation of chapter.54-10-14Citation of chapter.