2011 South Dakota Code
Title 32 MOTOR VEHICLES
Chapter 03. Title Registration, Liens And Transfers
§32-3-61 Auction of vehicle covered by lien--Consent and release of lien holder--Violation as misdemeanor.


SD Codified L § 32-3-61 (through 2011) What's This?

32-3-61. Auction of vehicle covered by lien--Consent and release of lien holder--Violation as misdemeanor. An auctioneer may not sell a vehicle that has a certificate of title with a lien on it for less than the full amount of the lien, without the advance written consent of the lien holder. An auctioneer may not release the proceeds from the sale of a vehicle with a lien on the title until the lien holder signs a release of the lien. A violation of this section is a Class 2 misdemeanor.

Source: SL 1986, ch 27, § 15; SL 1989, ch 255, § 5.

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