S.D. Admin. R. 64:28:12:12

Current through Register Vol. 51, page 56, November 4, 2024

Section 64:28:12:12 - Signature of lien holder not due notice of satisfaction of lien

The signature of the lien holder in the space provided on the face of the certificate of title is not due notice of the satisfaction of a lien unless a properly executed release accompanies the title document.

SL 1975, ch 16, § 1; 8 SDR 87, 8 SDR 134, effective 7/1/1982; transferred from § 61:02:13:12, 12 SDR 111, effective 1/12/1986; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 17 SDR 4, effective 7/18/1990.

General Authority: SDCL 32-3-57.

Law Implemented: SDCL 32-3-34, 32-3-44.