Lien or contract of lien transfers no title to property.

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  5. Lien or contract of lien transfers no title to property.

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44-1-7. Lien or contract of lien transfers no title to property.

No title to the property is transferred by a lien or contract for lien notwithstanding any agreement to the contrary.

Source: CivC 1877, §1706; CL 1887, §4330; RCivC 1903, §2026; RC 1919, §1531; SDC 1939, §39.0107.


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