Section 38-6-6 - Purchase and acquisition of property securing indebtedness. - South-dakota Statutes

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38-6-6. Purchase and acquisition of property securing indebtedness. The secretary of agriculture, with the approval of the Governor, is authorized and empowered to bid for and purchase at any execution, foreclosure, or other sale, or otherwise to acquire property upon which the secretary has a lien by reason of a judgment or execution, or which is pledged, mortgaged, conveyed, or which otherwise secures any loan or other indebtedness owing to or acquired by the secretary under this chapter.

Source: SL 1951, ch 4, § 5; SDC Supp 1960, § 4.0119 (2).

State Codes and Statutes

Statutes > South-dakota > Title-38 > Chapter-06 > Statute-38-6-6

38-6-6. Purchase and acquisition of property securing indebtedness. The secretary of agriculture, with the approval of the Governor, is authorized and empowered to bid for and purchase at any execution, foreclosure, or other sale, or otherwise to acquire property upon which the secretary has a lien by reason of a judgment or execution, or which is pledged, mortgaged, conveyed, or which otherwise secures any loan or other indebtedness owing to or acquired by the secretary under this chapter.

Source: SL 1951, ch 4, § 5; SDC Supp 1960, § 4.0119 (2).

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-38 > Chapter-06 > Statute-38-6-6

38-6-6. Purchase and acquisition of property securing indebtedness. The secretary of agriculture, with the approval of the Governor, is authorized and empowered to bid for and purchase at any execution, foreclosure, or other sale, or otherwise to acquire property upon which the secretary has a lien by reason of a judgment or execution, or which is pledged, mortgaged, conveyed, or which otherwise secures any loan or other indebtedness owing to or acquired by the secretary under this chapter.

Source: SL 1951, ch 4, § 5; SDC Supp 1960, § 4.0119 (2).