South Dakota § 57A-9-108 Sufficiency of description of property.

South Dakota Statutes

§ 57A-9-108 — Sufficiency of description of property.

South Dakota § 57A-9-108

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57A-6SECURED TRANSACTIONS

This text of South Dakota § 57A-9-108 (Sufficiency of description of property.) 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-9-108 (2026).

Text

(a)Except as otherwise provided in subsections (c), (d), and (e), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.

(b)Except as otherwise provided in subsection (d), a description of collateral reasonably identifies the collateral if it identifies the collateral by:

(1)Specific listing;

(2)Category;

(3)Except as otherwise provided in subsection (e), a type of collateral defined in the Uniform Commercial Code;

(4)Quantity;

(5)Computational or allocational formula or procedure; or (6) Except as otherwise provided in subsection (c), any other method, if the identity of the collateral is objectively determinable.

(c)A description of collateral as "all the debtor's assets" or "all th

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(a) Except as otherwise provided in subsections (c), (d), and (e), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described. (b) Except as otherwise provided in subsection (d), a description of collateral reasonably identifies the collateral if it identifies the collateral by: (1) Specific listing; (2) Category; (3) Except as otherwise provided in subsection (e), a type of collateral defined in the Uniform Commercial Code; (4) Quantity; (5) Computational or allocational formula or procedure; or (6) Except as otherwise provided in subsection (c), any other method, if the identity of the collateral is objectively determinable. (c) A description of collateral as "all the debtor's assets" or "all the debtor's personal property" or using words of similar import does not reasonably identify the collateral. (d) Except as otherwise provided in subsection (e), a description of a security entitlement, securities account, or commodity account is sufficient if it describes: (1) The collateral by those terms or as investment property; or (2) The underlying financial asset or commodity contract. (e) A description only by type of collateral defined in the Uniform Commercial Code is an insufficient description of: (1) A commercial tort claim; or (2) A consumer transaction, consumer goods, a security entitlement, a securities account, or a commodity account.