21-48A-4. Judicial foreclosure action by junior lienholder before redemption period.
Any junior lien holder may commence a judicial foreclosure pursuant to chapter 21-47, if commenced before the redemption period provided in §21-48A-1.
Source: SL 1991, ch 185, §4.
Structure South Dakota Codified Laws
Chapter 48A - Nonjudicial Voluntary Foreclosure
Section 21-48A-1 - Voluntary foreclosure procedure--Notice.
Section 21-48A-2 - Lien released upon failure of junior lienholder to redeem.
Section 21-48A-3 - Possession of property by mortgagee.
Section 21-48A-4 - Judicial foreclosure action by junior lienholder before redemption period.
Section 21-48A-5 - Redemption of real property by junior lienholder--Quit claim deed.