South Dakota Codified Laws 32-10-22. Withdrawal of vehicle from proportionally registered fleet–Surrender of proportional registration cards
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If any vehicle is withdrawn from a proportionally registered fleet during the period for which it is registered under the provisions of this chapter, the owner of such fleet shall so notify the administrator on appropriate forms to be prescribed by the administrator. The administrator may require the owner to surrender proportional registration cards and such other identification devices which have been issued with respect to such vehicle as the administrator may deem advisable.
Terms Used In South Dakota Codified Laws 32-10-22
- owner: means a person who holds a legal title of a vehicle, or in the event a vehicle is the subject of an agreement for the conditional sale thereof with the right of purchase upon performance of the conditions stated in the agreement and with an immediate right of possession vested in the conditional vendee, or in the event while a vehicle is subject to a lease with an immediate right of possession vested in the lessee, or in the event a mortgagor of a vehicle is entitled to possession, then such conditional vendee, lessee or mortgagee is considered to be the owner. See South Dakota Codified Laws 32-10-1
Source: SL 1961, ch 237, § 14.