Transferee's application for certificate of registration--Time limits--Violation as misdemeanor or felony

The purchaser or transferee under § 50-11-22 shall, within sixty days, apply to the department for the transfer of the registration of the aircraft to the purchaser's or transferee's name and the issuance of a new certificate of registration. A violation of this section is a Class 2 misdemeanor. A person who knowingly makes a false statement of a material fact in the application is guilty of a Class 5 felony. The endorsed certificate of registration is void sixty days after the date of the sale or transfer of the aircraft. Source: SDC 1939, § 2.0409 as enacted by SL 1949, ch 4 , § 2; SL 1966, ch 1 , § 6; SL 1983, ch 15 , § 195; SL 1993, ch 348 , § 18; SL 2010, ch 227 , § 80; SL 2014, ch 222 , § 92; SL 2014, ch 223 , § 3; SL 2019, ch 203 , § 36.