Statutes > South Dakota Statutes > Title 32 - MOTOR VEHICLES > Chapter 03 - Title Registration, Liens And Transfers > Section 32-3-42 - Vehicles held in stock--Security interests acquired previous to enactmentof statute.

Section 32-3-42 - Vehicles held in stock--Security interests acquired previous to enactmentof statute.

32-3-42. Vehicles held in stock--Security interests acquired previous to enactment of statute. Section 32-3-41 shall not apply to any security interest in a motor vehicle in stock or acquired for stock purposes if such security interest was acquired or perfected under the provisions of Title 57A.

Source: SDC Supp 1960, § 44.0203 (1) as added by SL 1965, ch 186, § 3; SL 1967, ch 187.