South Dakota Statutes

§ 44-4-8 — Release and exoneration of sureties on undertaking for release of property from lien.

South Dakota·Title 44 LIENS·Ch. 44-4 RELEASE OF LIENS BY UNDERTAKING

Sureties on the bond shall be released and exonerated unless action is commenced on the claim on which said lien was based within one year from the date said lien was discharged.

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South Dakota § 44-4-8 (Release and exoneration of sureties on undertaking for release of property from lien.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1966, ch 124, § 4.

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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