32-3A-30. Security interest in large boat--Perfecting interest--Fee.
A security interest created in this state on a large boat is not perfected until the security interest is noted on the manufacturer's statement of origin, on the manufacturer's certificate of origin, on the original certificate of title, or when a person applies for a duplicate certificate of title pursuant to §32-3A-25. To perfect the security interest, a copy of the security agreement shall be presented along with the manufacturer's statement of origin, the manufacturer's certificate of origin, the original title, or as otherwise provided in §32-3A-25. The secretary of revenue, the county treasurer, or the seller, buyer, owner, or holder of the manufacturer's statement of origin, the manufacturer's certificate of origin, or the certificate of title shall note the security interest at any place on the manufacturer's statement of origin, the manufacturer's certificate of origin, or the certificate of title. Pursuant to the provisions of this section, the lien is perfected against the creditors of the debtor, is valid against the creditors of the debtor, whether armed with process or not, and subsequent purchasers and other lien holders or claimants, but otherwise is not valid against them. The fee for noting the lien is ten dollars. The fees shall be deposited in the county general fund. Except as otherwise provided in §32-3A-25, the certificate of title shall be presented to the county treasurer if a lien is to be noted on an existing certificate of title.
The owner shall present the certificate of title to the county treasurer when a release statement is filed.
Source: SL 1991, ch 362, §15; SL 1993, ch 322, §28; SL 1994, ch 335, §38; SL 1997, ch 180, §2; SDCL §42-8-82; SL 1998, ch 171, §2; SL 2003, ch 160, §15; SL 2016, ch 47, §8; SL 2017, ch 128, §2.
Structure South Dakota Codified Laws
Chapter 03A - Title Registration And Taxation Of Boats
Section 32-3A-2 - Definition of terms.
Section 32-3A-4 - Registration of boats--Application--Violation as felony.
Section 32-3A-5.2 - Mailing fees.
Section 32-3A-11 - Exemptions from numbering requirement.
Section 32-3A-12 - Replacement of lost decal or registration--Fee.
Section 32-3A-13 - Expiration and renewal of registration and validation decals.
Section 32-3A-14 - Abstract of boat registration information--Fee.
Section 32-3A-15 - Administrative fee for each boat license.
Section 32-3A-16 - Display of other numbers on boat prohibited--Misdemeanor.
Section 32-3A-17 - Inspection by law enforcement officer.
Section 32-3A-18 - Classification of boats for equipment purposes.
Section 32-3A-19 - Territorial application of chapter--Identical local rules not prohibited.
Section 32-3A-20 - Application for title.
Section 32-3A-21 - Time for application for certificate of title--Form and content of application.
Section 32-3A-21.1 - Administration fee--Title applications processed by mail.
Section 32-3A-22 - Acquisition of used large boat by dealer--Application for title.
Section 32-3A-24 - Transfer of title required for large boats--Violation as misdemeanor.
Section 32-3A-25 - Fee for issue, transfer, or correction of certificate of title--Duplicate title.
Section 32-3A-27 - Hull identification number.
Section 32-3A-28 - Dealer record of large boats--Inspection by Department of Revenue.
Section 32-3A-29 - Transfer by operation of law--Transferee application for title.
Section 32-3A-30 - Security interest in large boat--Perfecting interest--Fee.
Section 32-3A-31 - Forms to implement large boat provisions.
Section 32-3A-32 - Certificate of title for large boats not yet subject to large boat provisions.
Section 32-3A-33 - Promulgation of rules for titling large boats.
Section 32-3A-34 - Registration requirements--Time to apply for large boat registration.
Section 32-3A-35 - No tax paid title for large boat.
Section 32-3A-37 - Validation of nonnegotiable interstate title application.
Section 32-3A-38 - Abstract of boat title history--Fee.
Section 32-3A-38.3 - Damage disclosure statement to be part of title history.
Section 32-3A-38.8 - Large boats previously titled in another state--Notation on title required.
Section 32-3A-39 - Temporary permit--Fee.
Section 32-3A-41 - Late application--Fee--Violation as misdemeanor.
Section 32-3A-42 - False statement on application for certificate of title as felony.
Section 32-3A-43 - Alteration or forgery of title as a felony.
Section 32-3A-44 - Burden of proving ownership of large boat.
Section 32-3A-46 - Release of discharged lien--Notation on title--Time requirement.
Section 32-3A-47 - Record of chain of title of large boat.
Section 32-3A-48 - Duties of county treasurer.
Section 32-3A-49 - Refusal or revocation of license--Notice.
Section 32-3A-51 - "Large boat" defined.
Section 32-3A-52 - Exemptions from excise tax.
Section 32-3A-53 - Purchase price defined.
Section 32-3A-54 - Used large boats--Valuation.
Section 32-3A-55 - Application for title and registration--Falsification as felony.
Section 32-3A-56 - Payment of tax to county treasurer.
Section 32-3A-57 - Boats previously subjected to tax.
Section 32-3A-58 - No issuance or transfer of title without tax payment.
Section 32-3A-59 - Seller's books and records--Availability--Retention.
Section 32-3A-60 - Deposit of revenues.
Section 32-3A-61 - Siblings defined.
Section 32-3A-62 - Revenues allocated for state aid to education.
Section 32-3A-63 - Expenditures on educational purposes--Vouchers.