If application for certificate of title is presented more than forty-five days after date of assignment of title or acquisition of the large boat if no title exists or more than forty-five days after assignment of the manufacturer’s statement of origin, the officer receiving the application shall collect, in addition to the regular established fees, a late fee of one dollar for each week or fraction thereof beyond the forty-five day limitation for twenty-five weeks and a late fee of fifty dollars for twenty-six weeks or more. Any person applying for a title twenty-six weeks beyond the forty-five day limitation is guilty of a Class 2 misdemeanor.

Source: SL 1993, ch 322, § 22; SL 1994, ch 335, § 44; SDCL § 42-8-93; SL 2015, ch 156, § 10.