43-29-1. Title to real property unaffected by notice of pendency of action recorded after expiration of ten years from date of filing. The record of notice of pendency of any action of record in the office of the register of deeds shall not affect the title of any real property in the county where recorded after expiration of ten years from the date of filing, and notice thereof shall be deemed to have been discharged and canceled of record upon the expiration of ten years from the date of recording.
Source: SL 1943, ch 175, § 1; SDC Supp 1960, § 51.1626 (1).