South Dakota § 54-6A-6 Provisions prohibited in agreements.

South Dakota Statutes

§ 54-6A-6 — Provisions prohibited in agreements.

South Dakota § 54-6A-6

Title 54DEBTOR AND CREDITOR

Ch. 54-6ALEASE-PURCHASE AGREEMENTS FOR PERSONAL PROPERTY

This text of South Dakota § 54-6A-6 (Provisions prohibited in agreements.) 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 § 54-6A-6 (2026).

Text

A lease - purchase agreement may not contain:

(1)A confession of judgment;

(2)A negotiable instrument;

(3)A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease - purchase agreement;

(4)A wage assignment;

(5)A waiver by the consumer of claims or defenses; or (6) A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.

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A lease - purchase agreement may not contain: (1) A confession of judgment; (2) A negotiable instrument; (3) A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease - purchase agreement; (4) A wage assignment; (5) A waiver by the consumer of claims or defenses; or (6) A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.