South Dakota Codified Laws 44-3-4. Right to redeem from lien–Time for redemption
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Every person having an interest in property subject to a lien has a right to redeem it from a lien at any time after the claim is due and before his right of redemption is foreclosed.
Terms Used In South Dakota Codified Laws 44-3-4
- Lien: A claim against real or personal property in satisfaction of a debt.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 1714; CL 1887, § 4338; RCivC 1903, § 2034; RC 1919, § 1539; SDC 1939, § 39.0115.