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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 44-3-2: Marshaling securities among lien holders--Several things within the same class and subject to same number of liens--Property to which resort may be had.

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Where this section sits in the code
  1. TITLE 44. LIENS
  2. CHAPTER 44-3. REDEMPTION, SATISFACTION, MARSHALING AND MERGER OF LIENS

When several things are within one of the classes described by § 44-3-1 and subject to the same number of liens, resort must be had:

(1) To the things which had not been transferred since the prior lien was created;

(2) To the things which have been so transferred without a valuable consideration; and

(3) To the things which have been so transferred for a valuable consideration.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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