Foreclosure of liens--Appointment of receiver on request of majority of lien holders, parties to action.

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44-9-34. Foreclosure of liens--Appointment of receiver on request of majority of lien holders, parties to action.

Whenever action has been commenced for the foreclosure of liens, under this chapter, and a majority of the lien holders, parties to such action, shall by motion request the appointment of a receiver, the court may appoint a receiver to take possession of all the property covered by such liens and to take care of and preserve the same.

Source: SL 1909, ch 51, §8; SL 1915, ch 243, §8; RC 1919, §1638; SDC 1939, §39.0717.


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