South Dakota Administrative Rules — Title 64 (Revenue)

ARSD § 64:28:12:09 — Notation of junior liens on South Dakota certificates of title

64:28:12:09. Notation of junior liens on South Dakota
certificates of title. The holder of the junior lien instrument shall
present the lien instrument together with the valid certificate of title to the
county treasurer of the county where the file copy of the certificate of title
is filed. When the valid certificate of title is presented, the county
treasurer shall note the junior lien on the certificate of title and return the
certificate to the first lien holder. The county treasurer shall then enter the
lien on the file.
If the certificate of title is not
presented with the junior lien instrument, the county treasurer, on the form
prescribed, shall notify the first lien holder, retaining a copy of the notice,
to surrender the certificate of title within 15 days for the purpose of noting
the junior lien. The county treasurer shall then return the certificate of
title to the first lien holder and enter the lien.
If the first lien holder does not
comply with the request of the county treasurer to surrender the certificate of
title within 15 days for notation of the junior lien, the county treasurer
shall inform the junior lien holder and return the junior lien instrument to
the lien holder.

Last amended: Source: SL 1975, ch 16, § 1; 8 SDR 87, 8 SDR 134, effective July 1, 1982; transferred from § 61:02:13:09, 12 SDR 111, effective January 12, 1986; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 23 SDR 117, effective January 27, 1997; 29 SDR 177, effective July 2, 2003. General Authority: SDCL 32-3-57(5). Law Implemented: SDCL 32-3-34 , 32-3-38 , 32-3-43. Cross-Reference: Requirements for notation of lien on file, § 64:28:12:03.

Source: official text