43-45-8. Exemption not allowed for purchase money or construction costs.
No exemption shall be allowed any person against an attachment or execution issued for the purchase money of property or for the agreed or reasonable cost of the material furnished or labor performed in the original erection and construction of buildings thereon, claimed to be exempt, and on which such attachment or execution is levied.
Source: SL 1883, ch 50, §1; CL 1887, §5137; RCCivP 1903, §362; SL 1903, ch 139; RC 1919, §2669; SL 1927, ch 115; SDC 1939, §51.1807.
Structure South Dakota Codified Laws
Chapter 45 - Personal Property Exempt From Process
Section 43-45-1 - Scope of exemptions of personal property.
Section 43-45-2 - Property absolutely exempt.
Section 43-45-4 - Additional property exemptions--Selection and appraisal.
Section 43-45-7 - Persons to whom exemptions do not apply.
Section 43-45-8 - Exemption not allowed for purchase money or construction costs.
Section 43-45-13 - Certain federal bankruptcy exemptions not available.
Section 43-45-14 - Exemption of earnings from garnishment process or levy-Bankruptcy.
Section 43-45-15 - Legislative intent.
Section 43-45-17 - Employee benefit plan defined.
Section 43-45-18 - Court determination of appropriate exemption.