43-45-8. Exemption not allowed for purchase money or construction costs. No exemption shall be allowed any person against an attachment or execution issued for the purchase money of property or for the agreed or reasonable cost of the material furnished or labor performed in the original erection and construction of buildings thereon, claimed to be exempt, and on which such attachment or execution is levied.
Source: SL 1883, ch 50, § 1; CL 1887, § 5137; RCCivP 1903, § 362; SL 1903, ch 139; RC 1919, § 2669; SL 1927, ch 115; SDC 1939, § 51.1807.