44-8-1.5. Security of mortgage protected against mortgagor's act.No person whose interest is subject to the lien of a real estate mortgage may do any act which will substantially impair the mortgagee's security. Source: CivC 1877, §1733; CL 1887, §4358; RCivC 1903, §2054; RC 1919, §1558; SDC 1939, §39.0207 (5); repealed SL 1966, ch 150, §10-102; re-enacted SL 1970, ch 251.
South Dakota Legal Code