Mortgage on real estate

SDCL § 51A-12-11 — under BANK LOANS.

SDCL § 51A-12-11

A bank may lend on the security of a first or subsequent mortgage on real estate. Source: SL 1969, ch 11 , § 10.7; SL 1981, ch 346 , § 56; SL 1988, ch 377 , § 150; SDCL, § 51-24-10.