South Dakota Codified Laws 44-10-4. Lienor may pledge property to the extent of his lien
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One who has a lien on property may pledge it to the extent of his lien.
Terms Used In South Dakota Codified Laws 44-10-4
- Lien: A claim against real or personal property in satisfaction of a debt.
- Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 1761; CL 1887, § 4396; RCivC 1903, § 2108; RC 1919, § 1609; SDC 1939, § 39.0504.