A levy under a writ, warrant, or execution upon personal property capable of manual delivery, including bonds, promissory notes, or other instruments for the payment of money must be made by taking the same into the officer's actual custody. He must thereupon without delay deliver a notice of levy to the person from whose custody such property is taken.
S.D. Codified Laws § 15-18-20
Levy on personal property capable of manual delivery
Applied in 1 court decision — leading case First Potter County Bank v. Hogg (In Re Hogg) (1983)
Most recently applied in First Potter County Bank v. Hogg (In Re Hogg) (December 1983)
Source: SDC 1939 & Supp 1960, § 33.1913 (3); SL 1973, ch 126, § 5.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.