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S.D. Codified Laws § 44-10-1

Pledge defined

Applied in 1 court decision — leading case 548 F. Supp. 724 - United States v. Burke (1982)

Most recently applied in 548 F. Supp. 724 - United States v. Burke (July 1982)

Source: CivC 1877, §§ 1757, 1758; CL 1887, §§ 4392, 4393; RCivC 1903, §§ 2104, 2105; RC 1919, §§ 1605, 1606; SDC 1939, § 39.0501.

Pledge is a deposit of personal property or a contract transferring possession of such as security for an obligation.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.