ARSD § 64:28:09:04 — Transmittal of certificate of title on which there is an undischarged lien

64:28:09:04. Transmittal of certificate of title on which
there is an undischarged lien. The county
treasurer may accept for transmittal to the department an assigned South Dakota
certificate of title on which there is an undischarged
lien against the owner of record only under the following circumstances:
(1) A certificate of title
is being forwarded for the purpose of issuance of a corrected title which shows
in the name of the owner or owners of record;
(2) A certificate of title
is being forwarded for the purpose of issuance of a transfer of title if the
owner of record desires to add the name of another owner and the lien still
shows on the new title. The lien may be left undischarged
on the face of the document, but shall also be listed on the reverse side of
the title on the line provided. Lien holders shall be certain that the lien
instrument is in order when the ownership is changed to joint ownership and are
responsible for placing the lien in its space on the assignment.
An affidavit from the lien holder or a
copy of the security agreement shall accompany the transfer of title indicating
the lien holder's approval of the joint ownership transfer.