S.D. Codified Laws § 21-49-14

Current through the 2024 Legislative Session
Section 21-49-14 - Forms of mortgages authorized-Address and description requirements not applicable

Real estate mortgages, in any form, including but not limited to, open end mortgages, collateral real estate mortgages, renegotiated rate mortgages, shared appreciation mortgages, and variable rate mortgages are authorized under the provisions of this chapter. The provisions of § 7-9-7 shall not be applicable to proceedings under this chapter.

SDCL 21-49-14

SL 1977, ch 187, § 4; SL 1981, ch 170, § 2.