South Dakota Statutes
§ 57A-13-303 — Security interest unperfected before effective date.
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-11 TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)
A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time:
(1)Remains an enforceable security interest until the adjustment date;
(2)Remains enforceable thereafter if the security interest become enforceable under § 57A-9-203 , as amended by SL 2024, ch 198, on July 1, 2024, or before the adjustment date; and (3) Becomes perfected:
(A)Without further action, on July 1, 2024, if the requirements for perfection under SL 2024, ch 198 are satisfied before or at that time; or (B) When the requirements for perfection are satisfied if the requirements are satisfied after that time.
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South Dakota § 57A-13-303 (Security interest unperfected before effective date.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2024, ch 198, § 106.
Nearby Sections
15
§ 57A-1-101
Short title.§ 57A-1-102
Scope of chapter.§ 57A-1-104
Construction against implied repeal.§ 57A-1-105
Severability.§ 57A-1-106
Use of singular and plural--Gender.§ 57A-1-107
Section captions.§ 57A-1-201
General definitions.§ 57A-1-202
Notice--Knowledge.§ 57A-1-203
Lease distinguished from security interest.§ 57A-1-204
Value.§ 57A-1-205
Reasonable time--Seasonableness.§ 57A-1-206
Presumptions.§ 57A-1-207
Central bank digital currency.