Home/South Dakota/Statutes/Title 44: LIENS/Ch. 44-1: DEFINITIONS AND GENERAL PROVISIONS/§ 44-1-8
South Dakota Statutes

§ 44-1-8 — Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void.

South Dakota·Title 44 LIENS·Ch. 44-1 DEFINITIONS AND GENERAL PROVISIONS
All contracts for forfeiture of property subject to a lien in satisfaction of the obligation secured thereby and all contracts in restraint of the right of redemption from a lien are void.

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South Dakota § 44-1-8 (Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

In Re Engstrom
33 B.R. 369 (D. South Dakota, 1983)
9 case citations
FarmPro Services, Inc. v. Finneman
2016 SD 72 (South Dakota Supreme Court, 2016)
6 case citations
Sturzenbecher v. Sioux County Ranch, LLC
2025 S.D. 24 (South Dakota Supreme Court, 2025)
2 case citations
United States v. Dennis Birchem
100 F.3d 607 (Eighth Circuit, 1996)
1 case citations

Legislative History

CivC 1877, § 1707; CL 1887, § 4331; RCivC 1903, § 2027; RC 1919, § 1532; SDC 1939, § 39.0108.

Nearby Sections

15
§ 44-1-1
Lien defined.
§ 44-1-10
Lien limited to specified obligation.
§ 44-1-11
Lien holder not entitled to compensation from owner for expenses incurred respecting lien--Exception.
§ 44-1-12
Destruction, disposal, or removal of personal property subject to security interest as felony.
§ 44-1-13
Priority of lien securing future advances.
§ 44-1-2
Classification of liens--Definition of terms--General lien--Special lien.
§ 44-1-3
Application of general statutes to liens--Exception.
§ 44-1-4
Creation of lien--Contract--Operation of law.
§ 44-1-5
Security for performance of future obligations--Creation of lien.
§ 44-1-6
Agreement to create lien on future interest--Attachment of lien.
§ 44-1-7
Lien or contract of lien transfers no title to property.
§ 44-1-8
Forfeiture of property to satisfy obligation secured by lien or restraint of right of redemption void.
§ 44-1-9
Obligation to perform not implied from lien.
§ 44-10-1
Pledge defined.
§ 44-10-10
Pledgee's sale of securities--Evidences of debt--Exception.
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