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Code · South Dakota · Title 44 · Chapter 44-5

44-5-3. Sale or conversion of property subject to lien--Satisfaction of claim--Lien extinguished.

37 words·~1 min read·/sd/title-44/chapter-44-5/44-5-3

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The sale of any property on which there is a lien toward satisfaction of the claim secured thereby, and in case of personal property, its wrongful conversion by the person holding the lien, extinguishes the lien thereon.
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