South Dakota Codified Laws 44-11-10. Factor–General lien–Dependent on possession
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A factor has a general lien, dependent on possession, for all that is due to him as such, upon all articles of commercial value that are entrusted to him by the same principal.
Terms Used In South Dakota Codified Laws 44-11-10
- Dependent: A person dependent for support upon another.
- Lien: A claim against real or personal property in satisfaction of a debt.
Source: CivC 1877, § 1807; CL 1887, § 4442; RCivC 1903, § 2154; RC 1919, § 1695; SDC 1939, § 39.1502.