South Dakota Codified Laws > Title 54 > Chapter 8 – Acts in Fraud of Creditors
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Terms Used In South Dakota Codified Laws > Title 54 > Chapter 8 - Acts in Fraud of Creditors
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Fraud: Intentional deception resulting in injury to another.
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- 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