A depository must deliver the thing to the person for whose benefit it was deposited, on demand, whether the deposit was made for a specified time or not, unless he has a lien upon the thing deposited, or has been forbidden or prevented from doing so by the real owner thereof, or by the act of the law, and has given the notice required by §  43-39-20 .

Terms Used In South Dakota Codified Laws 43-39-22

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2

Source: CivC 1877, § 1039; CL 1887, § 3663; RCivC 1903, § 1358; RC 1919, § 975; SDC 1939, § 60.0102 (1).