South Dakota Codified Laws
Chapter 27 - Acquisition And Disposition Of Real Estate
Section 9-27-3 - Payment by municipality of prior lien--Foreclosure after municipal failure to pay.

9-27-3. Payment by municipality of prior lien--Foreclosure after municipal failure to pay.
The governing body shall have power to pay a prior lien or liens out of any moneys in its general fund in order to protect its interests in property described by §9-27-2. The holder of a prior lien may foreclose or otherwise realize upon the same if such municipality shall fail to pay said lien either by a sale of such property or otherwise within ninety days after written demand shall have been made upon the governing body.

Source: SL 1935, ch 156, §3; SDC 1939, §45.2120.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 9 - Municipal Government

Chapter 27 - Acquisition And Disposition Of Real Estate

Section 9-27-1 - Appropriation and condemnation of private property--Resolution of necessity.

Section 9-27-2 - Acceptance of deed in satisfaction of tax or assessment lien--Freedom from other liens required.

Section 9-27-3 - Payment by municipality of prior lien--Foreclosure after municipal failure to pay.

Section 9-27-8 - Proceeds of sale applied to payment of liens--Cancellation of unpaid balance.

Section 9-27-9 - Purchase of tax sale certificates authorized--Amount paid to county.

Section 9-27-29 - Conveyance to school district of property not required for public purposes.

Section 9-27-30 - Resolution for transfer to school district--Deed of conveyance.

Section 9-27-31 - Petition for donation of courthouse site to county--Submission to voters.

Section 9-27-32 - Conveyance to county of courthouse site after approval by voters.

Section 9-27-33 - Acquisition and conveyance or lease to United States of sites for federal buildings.

Section 9-27-34 - Exchange of lands with United States.

Section 9-27-34.1 - Exchange of land with private owner--Appraisal--Public notice and hearing.

Section 9-27-35 - Validation of prior conveyances by municipalities--Limitation on enforcement of vested rights.

Section 9-27-36 - Sale or lease of municipal real property for industrial development or public purposes--Terms of lease.

Section 9-27-37 - Local industrial development corporation defined--Organization--Composition--Voting control--Primary objective.