South Dakota § 57A-1-301 Territorial applicability--Parties' power to choose applicable law.

South Dakota Statutes

§ 57A-1-301 — Territorial applicability--Parties' power to choose applicable law.

South Dakota § 57A-1-301

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57AGENERAL PROVISIONS

This text of South Dakota § 57A-1-301 (Territorial applicability--Parties' power to choose applicable law.) 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 § 57A-1-301 (2026).

Text

(1)Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. Failing such agreement this title applies to transactions bearing an appropriate relation to this state.

(2)Where one of the following provisions of this title specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law (including the conflict of laws rules) so specified: Rights of creditors against sold goods. § 57A-2-402 . Applicability of the chapter on leases. §§ 57A-2A-105 and 57A-2A-106 . Applicability of the chapters on bank deposits and colle

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(1) Except as provided hereafter in this section, when a transaction bears a reasonable relation to this state and also to another state or nation the parties may agree that the law either of this state or of such other state or nation shall govern their rights and duties. Failing such agreement this title applies to transactions bearing an appropriate relation to this state. (2) Where one of the following provisions of this title specifies the applicable law, that provision governs and a contrary agreement is effective only to the extent permitted by the law (including the conflict of laws rules) so specified: Rights of creditors against sold goods. § 57A-2-402 . Applicability of the chapter on leases. §§ 57A-2A-105 and 57A-2A-106 . Applicability of the chapters on bank deposits and collections. § 57A-4-102 . Governing law in the chapter on funds transfers. § 57A-4A-507 . Letters of Credit. § 57A-5-116 . Applicability of the chapters on investment securities. § 57A-8-110 . Law governing perfection, the effect of perfection or nonperfection, and the priority of security interests and agricultural liens. §§ 57A-9-301 to 57A-9-307 , inclusive. Law governing controllable electronic records. § 57A-12-107 .