South Dakota Statutes
§ 57A-13-304 — Effectiveness of actions taken before effective date.
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-11 TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)
(a)If action, other than the filing of a financing statement, is taken before July 1, 2024, and the action would have resulted in perfection of the security interest had the security interest become enforceable before July 1, 2024, the action is effective to perfect a security interest that attaches under SL 2024, ch 198 before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under SL 2024, ch 198 before the adjustment date.
(b)The filing of a financing statement before July 1, 2024, is effective to perfect a security interest on July 1, 2024, to the extent the filing would satisfy the requirements for perfection under SL 2024, ch 198.
(c)The taking of an action before July 1,
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South Dakota § 57A-13-304 (Effectiveness of actions taken before effective date.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2024, ch 198, § 107.
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
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