South Dakota Statutes
§ 57A-13-306 — Priority of claims when priority rules of chapter
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-11 TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)
(a)Subject to subsection (b) and (c), chapter 57A-12 determines the priority of conflicting claims to Article 12 property when the priority rules of chapter 57A-9 as amended by SL 2024, ch 198 do not apply.
(b)Subject to subsection (c), when the priority rules of chapter 57A-9 as amended by SL 2024, ch 198 do not apply, to the extent the priorities determined by SL 2024, ch 198 modify the priorities established before July 1, 2024, the priorities of claims to Article 12 property were established before July 1, 2024, law other than chapter 57A-12 determines priority.
(c)When the priority rules of chapter 57A-9 as amended by SL 2024, ch 198 do not apply, to the extent the priorities determined by SL 2024, ch 198 modify the priorities established before July 1, 2024, the priorities of clai
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Legislative History
SL 2024, ch 198, § 109.
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.