S.D. Codified Laws § 54-4-62
Current with legislation signed by the governor on or before 3/6/2024
When the payment of a loan is satisfied, the licensee shall release any liens against any property used as security, cancel any note, and release all assignments associated with the contract. The licensee shall send the note stamped paid in full and release any liens or assignments to the debtor within sixty days of receiving payment in full.
SDCL 54-4-62