South Dakota Statutes
§ 54-1-4 — Preference of creditors by debtor.
South Dakota § 54-1-4
This text of South Dakota § 54-1-4 (Preference of creditors by debtor.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 54-1-4 (2026).
Text
A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another.
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Legislative History
CivC 1877, § 2021; CL 1887, § 4654; RCivC 1903, § 2366; RC 1919, § 2039; SDC 1939, § 23.0103.
Nearby Sections
15
§ 54-1-2
Loan of money defined.§ 54-1-6
"Open account" defined.§ 54-1-7
Open account--Interest rates.§ 54-1-9
"Securitization" defined.§ 54-10-1
Definition of terms.§ 54-10-10
Value of security, determination by liquidator's sale of assets--Order of sale, requirements.§ 54-10-13
Uniformity of interpretation of chapter.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 54-1-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-1-4.