Lien holder's damages for conversion of personal property.

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21-3-4. Lien holder's damages for conversion of personal property.

One having a mere lien on personal property cannot recover greater damages for its conversion, from one having a right thereto superior to his, after his lien is discharged, than the amount secured by the lien, and the compensation allowed by §21-3-3, for the loss of time and expenses.

Source: CivC 1877, §1972; CL 1887, §4605; RCivC 1903, §2317; RC 1919, §1989; SDC 1939 & Supp 1960, §37.1912.


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