32-3-37 — Sale of encumbered vehicle with knowledge of lien holder--Effect againstsubsequent purchasers.
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32-3-37.
Sale of encumbered vehicle with knowledge of lien holder--Effect against
subsequent purchasers.
Exposure for sale of any motor vehicle, trailer, or semitrailer by the owner
thereof, with the knowledge and consent of the holder of any lien, mortgage, or encumbrance
thereon, shall not render the same void or ineffective as against subsequent purchasers or the
creditors of such owner or the holders of subsequent liens, mortgages, or encumbrances upon such
motor vehicles, trailers, or semitrailers.
Source: SDC 1939, § 44.0203 (1) as added by SL 1951, ch 229, § 3; SL 1965, ch 186, § 3.