South Dakota § 21-23-11 - Cash sale at public auction--Terms and security when deferred payments permitted.
Full text of South Dakota South Dakota Codified Laws § 21-23-11 — Cash sale at public auction--Terms and security when deferred payments permitted., with citation guidance and answers to common questions.
§ 21-23-11. Cash sale at public auction--Terms and security when deferred payments permitted.
Unless for good cause the court orders otherwise, all sales of property shall be at public auction for cash. If any portion of the purchase price is to be upon deferred payments, the order of the court shall require adequate security and shall fix the time within which payments are to be made and prescribe the rate of interest.
Source: Supreme Court Order No. 2 (7) adopted October 12, 1944; SDC Supp 1960, § 33.26A07.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 21-23-11
What does South Dakota Codified Laws § 21-23-11 cover?
Section 21-23-11 ("Cash sale at public auction--Terms and security when deferred payments permitted.") 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 § 21-23-11?
A common citation format is "South Dakota Codified Laws § 21-23-11" (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 § 21-23-11 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.