Section 51A-12-11 - Mortgage on real estate.

51A-12-11. Mortgage on real estate. A bank may lend on the security of a first or subsequent mortgage on real estate.

Source: SL 1969, ch 11, § 10.7; SL 1981, ch 346, § 56; SL 1988, ch 377, § 150; SDCL, § 51-24-10.