Statutes > South Dakota Statutes > Title 44 - LIENS > Chapter 10 - Pledges Of Personal Property > Section 44-10-10 - Pledgee's sale of securities--Evidences of debt--Exception.

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

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

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