32-35-111 — Transfer of vehicle after suspension of registration--Security interestsunaffected--Suspension of unauthorized reregistration.
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32-35-111.
Transfer of vehicle after suspension of registration--Security interests unaffected--
Suspension of unauthorized reregistration.
If an owner's registration has been suspended under this
chapter, the Department of Revenue and Regulation shall allow an owner to transfer a vehicle's
registration to another person in the ordinary course of business or to a co-owner, as evidenced by
the title, if the co-owner can provide written evidence of financial responsibility in the form provided
by §§ 32-35-113 and 32-35-119.
Nothing in this section affects the rights of any conditional vendor, chattel mortgagee, or lessor
of such a vehicle registered in the name of another as owner who becomes subject to the provisions
of this chapter.
The Department of Revenue and Regulation shall suspend the registration of any vehicle
transferred in violation of the provisions of this section.
Source: SL 1957, ch 212, § 63; SDC Supp 1960, § 44.03A63; SL 1988, ch 269; SL 2004, ch 17, § 183.