South Dakota § 57A-13-303 Security interest unperfected before effective date.

South Dakota Statutes

§ 57A-13-303 — Security interest unperfected before effective date.

South Dakota § 57A-13-303

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57A-11TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)

This text of South Dakota § 57A-13-303 (Security interest unperfected before effective date.) 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-13-303 (2026).

Text

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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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.