South Dakota Statutes

§ 44-10-10 — Pledgee's sale of securities--Evidences of debt--Exception.

South Dakota·Title 44 LIENS·Ch. 44-10 PLEDGES OF PERSONAL PROPERTY

A pledgee cannot sell any evidences of debt pledged to him except the obligations of governments, states, or their subdivisions and public and private corporations; but he may collect the same when due.

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South Dakota § 44-10-10 (Pledgee's sale of securities--Evidences of debt--Exception.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Credit Collection Services, Inc. v. Pesicka

2006 SD 81 (South Dakota Supreme Court, 2006)

27 case citations

Orion Financial Corp. of South Dakota v. American Foods Group, Inc.

281 F.3d 733 (Eighth Circuit, 2002)

3 case citations

Orion Financial Corp. Of South Dakota, a South Dakota Corporation v. American Foods Group, Inc., a Delaware Corporation, Orion Financial Corp. Of South Dakota, a South Dakota Corporation v. American Foods Group, Inc., a Delaware Corporation

281 F.3d 733 (Eighth Circuit, 2002)

Legislative History

CivC 1877, § 1777; CL 1887, § 4412; RCivC 1903, § 2124; RC 1919, § 1625; SDC 1939, § 39.0512.

Nearby Sections

15

§ 44-1-1

§ 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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