§ 44-5-1 Lien extinguishable as accessory obligation
§ 44-5-2 Voluntary restoration of property to owner by lien holder–Extinguishment of lien–Exception
§ 44-5-3 Sale or conversion of property subject to lien–Satisfaction of claim–Lien extinguished
§ 44-5-4 Act secured by lien–Partial performance does not extinguish lien

Terms Used In South Dakota Codified Laws > Title 44 > Chapter 5 - Extinguishment of Liens

  • Dependent: A person dependent for support upon another.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2