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Code · South Dakota · Title 58 · Chapter 58-29

58-29B-75. Lien by legal or equitable proceedings--Superiority to rights of transferee.

132 words·~1 min read·/sd/title-58/chapter-58-29/58-29b-75·

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A lien obtainable by legal or equitable proceedings could become superior to the rights of a transferee, or a purchaser could obtain rights superior to the rights of a transferee within the meaning of §§ 58-29B-69 to 58-29B-72 , inclusive, if such consequences would follow only from the lien or purchase itself, or from the lien or purchaser, with or without the aid of ministerial action by public officials. Such a lien could not, however, become superior and such a purchase could not create superior rights for the purpose of §§ 58-29B-69 to 58-29B-72 , inclusive, through any acts subsequent to the obtaining of such a lien or subsequent to such a purchase which require the agreement or concurrence of any third party or which require any further judicial action or ruling.
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