South Dakota § 44-1-2 Classification of liens--Definition of terms--General lien--Special lien.

South Dakota Statutes

§ 44-1-2 — Classification of liens--Definition of terms--General lien--Special lien.

South Dakota·Title 44 LIENS·Ch. 44-1 DEFINITIONS AND GENERAL PROVISIONS

Liens are general or special. A general lien is one which the holder thereof is entitled to enforce as security for the performance of all the obligations or all of a particular class of obligations which exist in his favor against the owner of the property. A special lien is one which the holder thereof can enforce only as security for the performance of a particular act or obligation and of such obligations as may be incidental thereto.

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Liens are general or special. A general lien is one which the holder thereof is entitled to enforce as security for the performance of all the obligations or all of a particular class of obligations which exist in his favor against the owner of the property. A special lien is one which the holder thereof can enforce only as security for the performance of a particular act or obligation and of such obligations as may be incidental thereto.

South Dakota § 44-1-2 (Classification of liens--Definition of terms--General lien--Special lien.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.