South Dakota Codified Laws 43-45-8. Exemption not allowed for purchase money or construction costs
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No exemption shall be allowed any person against an attachment or execution issued for the purchase money of property or for the agreed or reasonable cost of the material furnished or labor performed in the original erection and construction of buildings thereon, claimed to be exempt, and on which such attachment or execution is levied.
Terms Used In South Dakota Codified Laws 43-45-8
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- 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: SL 1883, ch 50, § 1; CL 1887, § 5137; RCCivP 1903, § 362; SL 1903, ch 139; RC 1919, § 2669; SL 1927, ch 115; SDC 1939, § 51.1807.