Section 7-19-2 - County purchase of real estate sold on execution. - South-dakota Statutes

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7-19-2. County purchase of real estate sold on execution. Whenever any real estate shall be advertised to be sold at execution sale, held pursuant to any judgment in an action to which any county shall be a party, the board of county commissioners of such county may instruct the county auditor to bid in such real estate in the name of the county and shall fix the maximum price to be by him bid for such real estate. It shall be the duty of the county auditor upon the receipt of such instructions to attend such sale and, in case no more shall be bid for such real estate than the maximum amount fixed by such board, to purchase such real estate at the lowest price at which the same can be procured. Any county is authorized to hold in its own name and for its own benefit all real estate acquired under the provisions of this section.

Source: SL 1891, ch 43, §§ 1 to 3; RPolC 1903, §§ 797 to 799; RC 1919, §§ 5793 to 5795; SDC 1939, § 12.1915.

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Statutes > South-dakota > Title-7 > Chapter-19 > Statute-7-19-2

7-19-2. County purchase of real estate sold on execution. Whenever any real estate shall be advertised to be sold at execution sale, held pursuant to any judgment in an action to which any county shall be a party, the board of county commissioners of such county may instruct the county auditor to bid in such real estate in the name of the county and shall fix the maximum price to be by him bid for such real estate. It shall be the duty of the county auditor upon the receipt of such instructions to attend such sale and, in case no more shall be bid for such real estate than the maximum amount fixed by such board, to purchase such real estate at the lowest price at which the same can be procured. Any county is authorized to hold in its own name and for its own benefit all real estate acquired under the provisions of this section.

Source: SL 1891, ch 43, §§ 1 to 3; RPolC 1903, §§ 797 to 799; RC 1919, §§ 5793 to 5795; SDC 1939, § 12.1915.

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Statutes > South-dakota > Title-7 > Chapter-19 > Statute-7-19-2

7-19-2. County purchase of real estate sold on execution. Whenever any real estate shall be advertised to be sold at execution sale, held pursuant to any judgment in an action to which any county shall be a party, the board of county commissioners of such county may instruct the county auditor to bid in such real estate in the name of the county and shall fix the maximum price to be by him bid for such real estate. It shall be the duty of the county auditor upon the receipt of such instructions to attend such sale and, in case no more shall be bid for such real estate than the maximum amount fixed by such board, to purchase such real estate at the lowest price at which the same can be procured. Any county is authorized to hold in its own name and for its own benefit all real estate acquired under the provisions of this section.

Source: SL 1891, ch 43, §§ 1 to 3; RPolC 1903, §§ 797 to 799; RC 1919, §§ 5793 to 5795; SDC 1939, § 12.1915.