Default cured prior to entry of decree--Abatement of action

If the cooperative cures a default under subdivision 47-18-15(3) prior to entry of the court's final decree in an action brought under § 47-18-15 and pays all penalties and court costs that have accrued, the cause of action with respect to the default so cured will abate. Source: SDC 1939, § 11.1144 (2) as enacted by SL 1965, ch 23 , § 1; SL 1989, ch 390 , § 6. 47-18-16.1. Repealed by SL 2008, ch 275 , § 57.