A person listed as the assignee on an assignment of a foreign certificate of title or ownership certificate may not make a further assignment of ownership until the person applies for and receives a South Dakota certificate of title. This provision does not apply to a vehicle taken in on trade by a licensed South Dakota dealer who is listed as the assignee on a foreign certificate of title or ownership certificate.

Source: SL 1975, ch 16, § 1; 8 SDR 87, 8 SDR 134, effective July 1, 1982; transferred from § 61:02:10:06, 12 SDR 111, effective January 12, 1986; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 17 SDR 4, effective July 18, 1990.

General Authority: SDCL 32-3-57.

Law Implemented: SDCL 32-3-32 , 32-5-27.