South Dakota Codified Laws 32-32-11. Lien not applicable to vehicle leased or used without owner’s consent–Subordinationto security interests
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The lien imposed by § 32-32-10 shall not apply to vehicles which at the time of the violation are leased, loaned, or being used without the owner’s permission and the lien shall be subordinate to a perfected security interest or lien registered on the title at the time of the violation.
Terms Used In South Dakota Codified Laws 32-32-11
- Lien: A claim against real or personal property in satisfaction of a debt.
Source: SL 1979, ch 228, § 4.