South Dakota Codified Laws
Chapter 07A - Dealers And Manufacturers Of Manufactured Homes And Mobile Homes
Section 32-7A-12.3 - Time period to satisfy lien after receipt of funds--Offering mobile or manufactured home for sale prior to tender to lienholder.

32-7A-12.3. Time period to satisfy lien after receipt of funds--Offering mobile or manufactured home for sale prior to tender to lienholder.
If a dealer enters into an agreement pursuant to §32-7A-12.2, the dealer shall satisfy the lien within ten business days after the receipt of funds. No dealer may offer the mobile or manufactured home for sale until payment has been tendered to the lienholder, except on a consigned mobile or manufactured home, whereby the dealer shall comply with the terms of the consignment agreement.

Source: SL 2005, ch 159, §13.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 32 - Motor Vehicles

Chapter 07A - Dealers And Manufacturers Of Manufactured Homes And Mobile Homes

Section 32-7A-1 - Definitions.

Section 32-7A-2 - Established place of business.

Section 32-7A-3 - License required--Exceptions--Violation as misdemeanor.

Section 32-7A-3.1 - Supplemental license for auxiliary or supplemental lots--Exemption for temporary locations.

Section 32-7A-3.2 - Temporary locations for certain purposes--Time limit--Zoning and building requirements.

Section 32-7A-4.1 - Application required--Contents.

Section 32-7A-4.2 - Grounds for denial of license or application of §§ 32-7A-4.3 to 32-7A-4.8.

Section 32-7A-4.3 - Cease and desist order for specified violations--Period of effectiveness.

Section 32-7A-4.4 - Hearing on question of whether violations occurred--Procedures.

Section 32-7A-4.5 - Finality of cease and desist order.

Section 32-7A-4.6 - Order to pay fine or suspend or revoke license upon failure to comply with cease and desist order--Deposit of monetary penalties.

Section 32-7A-4.7 - Hearing to contest order to pay fine or suspend or revoke license--Procedures.

Section 32-7A-4.8 - Finality of order to pay fine or suspend or revoke license.

Section 32-7A-5 - Bond required for license.

Section 32-7A-5.1 - Notice to surety company of denial, suspension, or revocation of license.

Section 32-7A-6 - Separate licenses for places of business in different counties.

Section 32-7A-7 - Fee for license--Renewal.

Section 32-7A-8 - Disposition of fees.

Section 32-7A-8.1 - Increase in dealer bond amount--Implementation.

Section 32-7A-9 - Time for grant or denial of license--Issuance of certificate--Form.

Section 32-7A-10 - Dealers' plates--Issuance--Use--Fees.

Section 32-7A-10.1 - Mailing fees.

Section 32-7A-11 - Transportation of manufactured and mobile homes owned by dealer.

Section 32-7A-12 - Books, records, and files kept by licensees.

Section 32-7A-12.1 - Offer to sell, sale, or exchange of mobile or manufactured home without certificate of title allowed under specified circumstances.

Section 32-7A-12.2 - Agreement that dealer will satisfy lien by paying lienholder--Trade of mobile or manufactured home or consignment agreement--Theft.

Section 32-7A-12.3 - Time period to satisfy lien after receipt of funds--Offering mobile or manufactured home for sale prior to tender to lienholder.

Section 32-7A-13 - Fraud in contracts for sale, trade or purchase prohibited--Violation as misdemeanor.

Section 32-7A-14.1 - Power of secretary to make rules and require uniformity in administration of statute--Duty of local officials.

Section 32-7A-15 - Used mobile or manufactured homes--Activities authorized by dealer or real estate license--Responsibilities of real estate licensee.

Section 32-7A-16 - Sales on consignment--Title requirements.

Section 32-7A-17 - Affidavit of taxes paid and registration of mobile home required for transfer of title--Violation as misdemeanor.

Section 32-7A-18 - Appointment of dealer inspectors--Entry--Complaints.

Section 32-7A-19 - Investigation--Purpose--Inspection--Examination.

Section 32-7A-23 - Application for injunction--Issuance without bond.