Bill > SB150

This bill proposes to amend South Dakota Codified Law 43-45-2, which lists property that is exempt from legal seizure. The key change is the addition of a new exemption, specifically allowing a debtor to keep one motor vehicle, defined as a vehicle requiring registration under state law, up to a value of $5,000 after accounting for any outstanding loans or liens. This exemption is in addition to other existing exemptions for items like family pictures, religious and burial lots, family books, clothing, necessary provisions and fuel, health aids, and certain court-ordered domestic support payments. The bill aims to protect a debtor's essential transportation from being taken by creditors or legal processes.

Justice

https://sdlegislature.gov/#/Session/Bill/26746