Purchase by cotenant or lien holder.

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21-45-34. Purchase by cotenant or lien holder.

When a party entitled to a share of the property, or an encumbrancer entitled to have his lien paid out of the sale, becomes a purchaser, the referees may take his receipt for so much of the proceeds of the sale as belongs to him.

Source: CCivP 1877, §582; CL 1887, §5396; RCCivP 1903, §621; RC 1919, §2832; SDC 1939 & Supp 1960, §37.1435.


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