A bank or savings and loan association has a general lien, dependent on possession, upon all property in its hands belonging to a customer, for the balance due to it from such customer in the course of business.
S.D. Codified Laws § 44-11-11
Banks and savings and loan associations--General lien--Dependent on possession
Applied in 4 court decisions — leading case Sarkis v. American State Bank of Rapid City (In Re Sarkis) (1982)
Most recently applied in Western Surety Co. v. First Bank of South Dakota, N.A. (August 1988)
Source: CivC 1877, § 1808; CL 1887, § 4443; RCivC 1903, § 2155; RC 1919, § 1696; SDC 1939, § 39.1503; SL 1981, ch 312, § 1.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.