Section 15-20-18 - Action by receiver to determine adverse claims to property--Order prohibiting transferpending determination. - South Dakota Statutes

15-20-18. Action by receiver to determine adverse claims to property--Order prohibiting transfer pending determination. If it appear that a person or corporation alleged to have property of the judgment debtor or to be indebted to him claims an interest in the property adverse to him or denies the debt, such interest or debt shall be recoverable only in an action against such person or corporation by the receiver; but the judge may by order forbid a transfer or other disposition of such property or interest until a sufficient opportunity be given to the receiver to commence the action and prosecute the same to judgment and execution; but such order may be modified or dissolved by the judge granting the same at any time on such security as he shall direct.

Source: SDC 1939 & Supp 1960, § 33.2405.