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19 chapters · 279 sections in this title.
SDCL § 54-13-14 State or federal time periods deemed to run concurrently
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The time period provided in any state or federal statutes, rules, or regulations are not to be affected by this chapter but shall be deemed to have run concurrently with the time period for mediation. Source: SL 1988, ch 384 , § 14.
SDCL § 54-13-15 Continuation of mediation--Expiration of mediation period--Agreement between borrower and creditors
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If the borrower and the initiating creditor consent, mediation may continue beyond the forty - two day mediation period with the same force and effect as though held within the forty - two day period. If no meeting is held within the forty - two day mediation period, absent a wai…
SDCL § 54-13-16 Statement of waiver or failure to reach agreement deemed release
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If the borrower waives mediation or if a mediation agreement is not reached, a statement to that effect shall be prepared by the mediator and such statement shall constitute a mediation release. Unless the borrower waives mediation, a creditor may not receive a mediation release …
SDCL § 54-13-17 Time limitation on waiver by borrower
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Any waiver by the borrower pursuant to this chapter may not be made more than sixty days prior to the commencement of any action or proceeding as described in § 54-13-10 . Source: SL 1988, ch 384 , § 16A.
