21-21-4. Grounds for receivership after judgment.A receiver may be appointed after judgment by the court in which the judgment was entered, or by the judge thereof:(1)To carry the judgment into effect;(2)To dispose of the property according to the judgment or to preserve it during the pendency of an appeal;(3)In proceedings in aid of execution, when an execution has been returned unsatisfied; or(4)When the judgment debtor refuses to apply his property in satisfaction of the judgment. Source: CCivP 1877, §219, subdiv 3, 4; CL 1887, §5015, subdiv 3, 4; RCCivP 1903, §227, subdiv 3, 4; RC 1919, §2475 (3), (4); SDC 1939 & Supp 1960, §37.2601 (3), (4).
South Dakota Legal Code