South Dakota § 10-50B-16 - Amendment of escrow agreement to execute assignment--Requirements--Delivery.
Full text of South Dakota South Dakota Codified Laws § 10-50B-16 — Amendment of escrow agreement to execute assignment--Requirements--Delivery., with citation guidance and answers to common questions.
§ 10-50B-16. Amendment of escrow agreement to execute assignment--Requirements--Delivery.
The parties to a qualified escrow agreement may amend the agreement for the purposes of executing an assignment pursuant to § 10-50B-15.
An assignment executed pursuant to § 10-50B-15 shall be in writing and signed by the assignee and the assignor or by an authorized agent or representative of the assignor. An assignment in writing that is duly executed becomes enforceable after a copy of the assignment is delivered to the attorney general and the financial institution where the qualified escrow fund is maintained.
Source: SL 2019, ch 67, § 2.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 10-50B-16
What does South Dakota Codified Laws § 10-50B-16 cover?
Section 10-50B-16 ("Amendment of escrow agreement to execute assignment--Requirements--Delivery.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 10-50B-16?
A common citation format is "South Dakota Codified Laws § 10-50B-16" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 10-50B-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.