13-17-6. Circuit court order approving judgment compromise--Cash settlement required.If at such hearing it shall appear to the satisfaction of the court that such judgment debtor does not have sufficient property, over and above the exemptions allowed by law, out of which said judgment might be satisfied in full, and that it is for the best interests of all parties interested, that such petition should be granted, an order may be made approving such settlement and authorizing the same to be made, provided, however, that all such settlements must be made for cash and be fully paid to such school district within such time as ordered by the court not exceeding ninety days after the entry of said order. Source: SL 1939, ch 55, §6; SL 1955, ch 41, ch 10, §43; SDC Supp 1960, §15.2243.
South Dakota Legal Code