South Dakota Statutes
§ 43-35-5 — Transfer of possession of personal property, with power of disposition, to another--Executed sale by transferee--Legal effect.
South Dakota § 43-35-5
This text of South Dakota § 43-35-5 (Transfer of possession of personal property, with power of disposition, to another--Executed sale by transferee--Legal effect.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 43-35-5 (2026).
Text
Where the possession of personal property, together with a power to dispose thereof, is transferred by its owner to another person, an executed sale by the latter, while in possession, to a buyer in good faith and in the ordinary course of business, for value, transfers to such buyer the title of the former owner, though he may be entitled to rescind, and does rescind the transfer made by him.
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Legislative History
CivC 1877, § 638; CL 1887, § 3259; RCivC 1903, § 952; RC 1919, § 560; SDC 1939, § 51.1505.
Nearby Sections
15
§ 43-1-1
Property defined.§ 43-1-2
Classes of property.§ 43-1-4
Land as solid material of earth.§ 43-1-6
Law governing real property.§ 43-1-7
Law governing personal property.§ 43-10-13
Repealed§ 43-11-10
Power in trust defined.§ 43-11-11
General power in trust defined.§ 43-11-12
Special power in trust defined.§ 43-11-13
Capacity to create power.§ 43-11-14
Manner of creating power.§ 43-11-15
Vesting of power.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 43-35-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-35-5.