<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 29A-3-805 - Classification of claims. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2052171Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2052171SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2052171CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2052171Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2052171DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2052171Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2052171Normal-000002 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2052171000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2052171SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2052171SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2052171Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=29A-3-805"><span class="s2052171SENU">29A-3-805</span></a><span xml:space="preserve" class="s2052171SENU">. </span><span class="s2052171CL">Classification of claims.</span></p><p dir="ltr" class="s2052171Normal-000000"><span class="s2052171DefaultParagraphFont">(a) If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:</span></p><p dir="ltr" class="s2052171Normal-000001"><span class="s2052171DefaultParagraphFont">(1)    Costs and expenses of administration;</span></p><p dir="ltr" class="s2052171Normal-000001"><span class="s2052171DefaultParagraphFont">(2)    Reasonable funeral expenses;</span></p><p dir="ltr" class="s2052171Normal-000001"><span class="s2052171DefaultParagraphFont">(3)    Debts and taxes with preference under federal law;</span></p><p dir="ltr" class="s2052171Normal-000001"><span class="s2052171DefaultParagraphFont">(4)    Debts and taxes with preference under other laws of this state;</span></p><p dir="ltr" class="s2052171Normal-000001"><span class="s2052171DefaultParagraphFont">(5)    All other claims.</span></p><p dir="ltr" class="s2052171Normal-000002"><span class="s2052171DefaultParagraphFont">(b) No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.</span></p><p dir="ltr" class="s2052171Normal"><span xml:space="preserve" class="s2052171000003"> </span></p><p dir="ltr" class="s2052171Normal"><span class="s2052171SCL">Source:</span><span xml:space="preserve" class="s2052171SCL-000004"> SL 1994, ch 232, § 3-805.</span></p></div></body></html>