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Code · South Dakota · Title 32 · Chapter 32-3

32-3-35. Manufacturer's statement or certificate of origin pending issuance of certificate of title--Priority of liens.

68 words·~1 min read·/sd/title-32/chapter-32-3/32-3-35

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A manufacturer's statement of origin or manufacturer's certificate of origin shall be deemed to be in possession of the lien holder while being transmitted to the secretary and until issuance of a certificate of title by the secretary showing the lien. All contracts, liens, mortgages, and encumbrances, noted on a certificate of title, shall take priority according to the order of time in which the liens were noted.
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