Section 36-21A-81 - Disbursement pursuant to written agreement of trust funds where purchaseagreement does not close. - South Dakota Statutes

36-21A-81. Disbursement pursuant to written agreement of trust funds where purchase agreement does not close. If an accepted offer and agreement to purchase does not close, a broker may not disburse any funds held in trust, relative to such real estate transaction, except pursuant to a written instruction of all parties to the transaction or pursuant to a court order.

Source: SL 1992, ch 273, § 81; SL 1996, ch 236, § 7.