43-35-2. Transfer of interest in ship or existing trust–Operation of law–Written instrument.
An interest in a ship, or in an existing trust, can be transferred only by operation of law, or by a written instrument, subscribed by the person making the transfer, or by his agent.
Source: CivC 1877, §634; CL 1887, §3255; RCivC 1903, §948; RC 1919, §556; SDC 1939, §51.1502.