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S.D. Codified Laws § 44-5-1

Lien extinguishable as accessory obligation

Applied in 1 court decision — leading case Farmer v. South Dakota Department of Revenue & Regulation (2010)

Most recently applied in Farmer v. South Dakota Department of Revenue & Regulation (April 2010)

Source: CivC 1877, § 1717; CL 1887, § 4341; RCivC 1903, § 2037; RC 1919, § 1542; SDC 1939, § 39.0119.

A lien is to be deemed accessory to the act for the performance of which it is security, whether any person is bound for such performance or not and is extinguishable as any accessory 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.