South Dakota Statutes
§ 44-10-3 — Real owner cannot defeat pledge of property transferred to apparent owner for the purpose of pledge.
South Dakota § 44-10-3
This text of South Dakota § 44-10-3 (Real owner cannot defeat pledge of property transferred to apparent owner for the purpose of pledge.) 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 § 44-10-3 (2026).
Text
One who has allowed another to assume the apparent ownership of property for the purpose of making any transfer of it cannot set up his own title to defeat a pledge of the property made by the other to a pledgee who received the property in good faith in the ordinary course of business and for value.
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Legislative History
CivC 1877, § 1762; CL 1887, § 4397; RCivC 1903, § 2109; RC 1919, § 1610; SDC 1939, § 39.0505.
Nearby Sections
15
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Bluebook (online)
South Dakota § 44-10-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/44-10-3.