§14-1-10. Sale of real estate under execution -- Terms of sale.
The sale shall be upon six months' credit; and, if the land
be not purchased for the state, the officer shall take the note
of the purchaser with sureties for the payment of the purchase
money to the state. Every such note shall mention on what
occasion the same was taken and shall be returned to the office
of the court from which the execution issued, and the clerk shall
indorse thereon the date of its return. The officer and his
sureties shall be liable to the state if insufficient security be
taken on such bond.