S.D. Codified Laws § 36-21A-107

Current through the 2024 Legislative Session
Section 36-21A-107 - Burden of proof as to fraud or conversion-Presumption when original action was contested by debtor

If an applicant's judgment is by default, stipulation or consent, or if the action against the licensee was defended by a trustee in bankruptcy, the applicant has the burden of proving his cause of action for fraudulent, deceptive or dishonest practices or conversion of trust funds. Otherwise, the judgment creates a rebuttable presumption of the alleged fraudulent, deceptive or dishonest practices or alleged conversion of trust funds.

SDCL 36-21A-107

SL 1992, ch 273, § 107.