Obligations of pledgee and pledge holder--Assumption of duties and liabilities of depository.

  1. Law
  2. South Dakota Codified Laws
  3. Liens
  4. Pledges Of Personal Property
  5. Obligations of pledgee and pledge holder--Assumption of duties and liabilities of depository.

Checkout our iOS App for a better way to browser and research.

44-10-8. Obligations of pledgee and pledge holder--Assumption of duties and liabilities of depository.

A pledgee or pledge holder for reward assumes the duties and liabilities of a depository for reward. A gratuitous pledge holder assumes the duties and liabilities of a gratuitous depository.

Source: CivC 1877, §§1768, 1769; CL 1887, §§4403, 4404; RCivC 1903, §§2115, 2116; RC 1919, §§1616, 1617; SDC 1939, §39.0509.


Download our app to see the most-to-date content.