<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 32-6C-6.3 - Time period to satisfy lien after receipt of funds--Offering snowmobile for sale prior to tender to lienholder. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2054040Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2054040SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2054040CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2054040Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2054040DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2054040000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2054040SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2054040SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2054040Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6C-6.3"><span class="s2054040SENU">32-6C-6.3</span></a><span xml:space="preserve" class="s2054040SENU">. </span><span class="s2054040CL">Time period to satisfy lien after receipt of funds--Offering snowmobile for sale prior to tender to lienholder.</span></p><p dir="ltr" class="s2054040Normal-000000"><span xml:space="preserve" class="s2054040DefaultParagraphFont">If a dealer enters into an agreement pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=32-6C-6.1"><span class="s2054040DefaultParagraphFont">32-6C-6.1</span></a><span class="s2054040DefaultParagraphFont">, the dealer shall satisfy the lien within ten business days after the receipt of funds. No dealer may offer the snowmobile for sale until payment has been tendered to the lienholder, except on a consigned snowmobile, whereby the dealer shall comply with the terms of the consignment agreement.</span></p><p dir="ltr" class="s2054040Normal"><span xml:space="preserve" class="s2054040000001"> </span></p><p dir="ltr" class="s2054040Normal"><span class="s2054040SCL">Source:</span><span xml:space="preserve" class="s2054040SCL-000002"> SL 2005, ch 159, § 9.</span></p><p dir="ltr" class="s2054040Normal"><span xml:space="preserve" class="s2054040000001"> </span></p></div></body></html>