The South Dakota Department of Revenue Motor Vehicles Division (MVD) offers an Electronic Lien and Title (ELT) program with a number of helpful features for lenders.
- Participation is not required. However, the state stopped printed titles with liens when it implemented the ELT program on 10/1/2012. Notification of lien placement is part of the ELT program.
- Registering is simple. There is no cost to enroll and approval and go-live is quick. Only a short application is required. See details here.
- Title Status can be verified prior to issuing a loan. SDCars.org has a Vin Check option which includes vehicle, title, and lien information.
For more information on the SD ELT program, visit SDELT.com.
Image above is of a South Dakota road and titled The Road Less Traveled (is usually the one I pick for my road trips) by Eric Peterson.
