Home/South Dakota/Statutes/Title 54: DEBTOR AND CREDITOR/Ch. 54-10: SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS/§ 54-10-12
South Dakota Statutes

§ 54-10-12 — Application of chapter to existing transactions.

South Dakota § 54-10-12
JurisdictionSouth Dakota
Title 54DEBTOR AND CREDITOR
Ch. 54-10SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS

This text of South Dakota § 54-10-12 (Application of chapter to existing transactions.) 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 § 54-10-12 (2026).

Text

This chapter shall not apply to contracts and transactions already existing on July 1, 1941.

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Legislative History

SL 1941, ch 162, § 12; SDC Supp 1960, § 37.26A10.

Nearby Sections

15
§ 54-1-1
Definition of terms--Debtor--Creditor.
§ 54-1-10
Securitization transaction--Transferor to lose interest in transferred property.
§ 54-1-2
Loan of money defined.
§ 54-1-3
Debtor's contract valid in the absence of fraud.
§ 54-1-4
Preference of creditors by debtor.
§ 54-1-5
Marshaling of funds--Rights of creditor.
§ 54-1-6
"Open account" defined.
§ 54-1-7
Open account--Interest rates.
§ 54-1-8
Open account--Notice of interest rate increase.
§ 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.
§ 54-10-11
Value of exempt security not credited upon claim.
§ 54-10-12
Application of chapter to existing transactions.
§ 54-10-13
Uniformity of interpretation of chapter.
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Bluebook (online)
South Dakota § 54-10-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/54-10-12.