PRIA Logo™
South DakotaStatutes

Pledge defined

SDCL § 44-10-1 — under PLEDGES OF PERSONAL PROPERTY.

SDCL § 44-10-1

Pledge is a deposit of personal property or a contract transferring possession of such as security for an obligation. Source: CivC 1877, §§ 1757, 1758; CL 1887, §§ 4392, 4393; RCivC 1903, §§ 2104, 2105; RC 1919, §§ 1605, 1606; SDC 1939, § 39.0501.