South Dakota § 49-34-10 - Foreclosure of security--Succession to rights and powers.
Full text of South Dakota South Dakota Codified Laws § 49-34-10 — Foreclosure of security--Succession to rights and powers., with citation guidance and answers to common questions.
§ 49-34-10. Foreclosure of security--Succession to rights and powers.
In case of a judicial sale by virtue of any trust deed or mortgage authorized by § 49-34-9, any person or any other corporation organized under the provisions of chapter 49-33 may become the purchaser thereat, and the person or corporation acquiring title under such sale, his or its associates, successors or assigns shall thereafter have, exercise, and enjoy all the rights, powers, franchises, and advantages, which were possessed by such corporation making the same or contracting the debt, as fully and absolutely as such corporation, its officers, or agents might have done had such sale not taken place.
Source: SDC 1939, § 52.1516; SL 1947, ch 237.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 49-34-10
What does South Dakota Codified Laws § 49-34-10 cover?
Section 49-34-10 ("Foreclosure of security--Succession to rights and powers.") 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 § 49-34-10?
A common citation format is "South Dakota Codified Laws § 49-34-10" (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 § 49-34-10 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.