21-23-15. Consideration of new offers on hearing to confirm sale--Confirmation and conveyance of property.
On the hearing to confirm sale the court shall consider any new offers which exceed the offer set forth in the report of sale by at least five percent, and shall likewise consider any other offers made at the time of the hearing, and shall confirm the sale and direct the transfer of title, or conveyance of property, to the person submitting the best offer.
Source: Supreme Court Order No. 2 (10) adopted October 12, 1944; SDC Supp 1960, ยง33.26A10.
Structure South Dakota Codified Laws
Section 21-23-1 - Scope of chapter.
Section 21-23-2 - Application by court officer or trustee for sale of property.
Section 21-23-3 - Application for sale verified--Contents.
Section 21-23-4 - Perishable property ordered sold without hearing--Report of sale.
Section 21-23-5 - Time and place of hearing on application to sell property.
Section 21-23-7 - Order for appraisal of property.
Section 21-23-8 - Court order after hearing on application to sell.
Section 21-23-9 - Time and notice of sale--Order in which items offered--Upset price.
Section 21-23-10 - Bond required of applicant to sell property.
Section 21-23-11 - Cash sale at public auction--Terms and security when deferred payments permitted.
Section 21-23-12 - Report of sale to court for confirmation--Contents of report.
Section 21-23-13 - Report for confirmation of sale authorized by trust instrument.
Section 21-23-14 - Examination of report of sale--Order and notice for formal hearing.