South Dakota § 54-4-70 Title loans to be evidenced by written agreement--Possession of certification of title--Application of statutes on secured transactions.

South Dakota Statutes

§ 54-4-70 — Title loans to be evidenced by written agreement--Possession of certification of title--Application of statutes on secured transactions.

South Dakota § 54-4-70

Title 54DEBTOR AND CREDITOR

Ch. 54-3AMONEY LENDING LICENSES

This text of South Dakota § 54-4-70 (Title loans to be evidenced by written agreement--Possession of certification of title--Application of statutes on secured transactions.) 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 § 54-4-70 (2026).

Text

A title loan shall be evidenced by a written agreement in which a title lender agrees to make a title loan to a debtor and the debtor agrees to give the title lender a security interest in a motor vehicle owned by the debtor. The debtor shall give the title lender possession of the certificate of title to such motor vehicle. Except as otherwise provided in this chapter, the provisions of chapter 57A-9 apply to title loans and to persons engaged in the business of making title loans.

Free access — add to your briefcase to read the full text and ask questions with AI

A title loan shall be evidenced by a written agreement in which a title lender agrees to make a title loan to a debtor and the debtor agrees to give the title lender a security interest in a motor vehicle owned by the debtor. The debtor shall give the title lender possession of the certificate of title to such motor vehicle. Except as otherwise provided in this chapter, the provisions of chapter 57A-9 apply to title loans and to persons engaged in the business of making title loans.