One who holds property by virtue of a lien thereon is not entitled to compensation from the owner thereof for any trouble or expense which he incurs respecting it, except to the same extent as a borrower under §§ 43-37-11 and 43-37-12.
S.D. Codified Laws § 44-1-11
Lien holder not entitled to compensation from owner for expenses incurred respecting lien--Exception
Applied in 1 court decision — leading case In re S. M. H. (1981)
Most recently applied in In re S. M. H. (June 1981)
Source: CivC 1877, § 1710; CL 1887, § 4334; RCivC 1903, § 2030; RC 1919, § 1535; SDC 1939, § 39.0111.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.