The signature of the lien holder in the space provided on the face of the certificate of title is not due notice of the satisfaction of a lien unless a properly executed release accompanies the title document.

Source: SL 1975, ch 16, § 1; 8 SDR 87, 8 SDR 134, effective July 1, 1982; transferred from § 61:02:13:12, 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 32-3-34 , 32-3-44.