South Dakota Codified Laws 44-8-6. Adoption of standard forms–Use of other forms not precluded–Name and post officeaddress of mortgagee or assignee required
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Sections 44-8-3 to 44-8-5, inclusive, do not preclude the use, affect the validity, or control the interpretation of other forms of real estate mortgages or assignments or satisfactions thereof; but all such instruments, whether on standard form or not, must show the name and post office address of the mortgagee or assignee.
Terms Used In South Dakota Codified Laws 44-8-6
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
Source: RC 1919, § 1567; SDC 1939, § 39.0301.