32-3-39 — Deposit of security interest instrument not required.
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32-3-39.
Deposit of security interest instrument not required.
The provisions of chapters 44-
10, 44-11, and §§ 57A-9-401 to 57A-9-408, inclusive, shall not be construed to apply to or to permit
or require the deposit, filing, or other record whatsoever, of a chattel mortgage, conveyance intended
to operate as a mortgage, conditional sales contract, mechanic's lien, or similar instrument, (herein
referred to as liens) or any copy of the same covering a motor vehicle, trailer, or semitrailer, executed
and delivered after July 1, 1951.
Source: SDC 1939, § 44.0203 (1) as added by SL 1951, ch 229, § 3; SL 1965, ch 186, § 3.