Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 21-45-54 - Compensation for future estate--Payment or investment of compensatory share — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 21 - Judicial Remedies/
  5. Chapter 45 - Partition and Sale of Real Estate/
  6. Section 21-45-54 - Compensation for future estate--Payment or investment of compensatory share
South Dakota Legal Code

Section 21-45-54 - Compensation for future estate--Payment or investment of compensatory share

Ask AI about this
21-45-54. Compensation for future estate--Payment or investment of compensatory share.In all cases of sales, where it appears that any person has a vested or contingent future right or estate in any of the property sold, the court must ascertain and settle the proportionate value of such contingent or vested right or estate, and must direct such proportion of the proceeds of the sale to be invested, secured, or paid over, in such manner as to protect the rights and interests of the parties. Source: CCivP 1877, §577; CL 1887, §5391; RCCivP 1903, §616; RC 1919, §2827; SDC 1939 & Supp 1960, §37.1423.