§ 37-14-2 Auction sale defined
§ 37-14-4 Farm sales, judicial sales and closing out sales exempt
§ 37-14-5 Requirements of chapter
§ 37-14-18 Deposit of auction receipts into separate auction proceeds account
§ 37-14-19 Transfer of auction receipts to client–Time limit
§ 37-14-20 Application of deposit and transfer requirements
§ 37-14-21 Time for taking possession of property after sale–Reversion of ownership ofunclaimed property–Forfeiture of payment–Exceptions
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Terms Used In South Dakota Codified Laws > Title 37 > Chapter 14 - Auction Sales

  • Auction sale: as used in this chapter means the offering for sale or selling of personal property to the highest bidder or offering for sale or selling of personal property at a high price and then offering the personal property at successive lower prices until a buyer is secured. See South Dakota Codified Laws 37-14-2
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Personal property: All property that is not real property.
  • Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • Statute: A law passed by a legislature.
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2