South Dakota § 57A-9-309 Security interests that are perfected when they attach.

South Dakota Statutes

§ 57A-9-309 — Security interests that are perfected when they attach.

South Dakota § 57A-9-309

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57A-6SECURED TRANSACTIONS

This text of South Dakota § 57A-9-309 (Security interests that are perfected when they attach.) 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-9-309 (2026).

Text

The following security interests are perfected when they attach:

(1)A purchase - money security interest in consumer goods, except as otherwise provided in § 57A-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 57A-9-311(a);

(2)An assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles;

(3)A sale of a payment intangible;

(4)A sale of a promissory note;

(5)A security interest created by the assignment of a health - care - insurance receivable to the provider of the health - care goods or services;

(6)A security interest arising under § 57A-2-401 , 57A-2-505

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The following security interests are perfected when they attach: (1) A purchase - money security interest in consumer goods, except as otherwise provided in § 57A-9-311(b) with respect to consumer goods that are subject to a statute or treaty described in § 57A-9-311(a); (2) An assignment of accounts or payment intangibles which does not by itself or in conjunction with other assignments to the same assignee transfer a significant part of the assignor's outstanding accounts or payment intangibles; (3) A sale of a payment intangible; (4) A sale of a promissory note; (5) A security interest created by the assignment of a health - care - insurance receivable to the provider of the health - care goods or services; (6) A security interest arising under § 57A-2-401 , 57A-2-505 , 57A-2-711(3), or 57A-2A-508(5), until the debtor obtains possession of the collateral; (7) A security interest of a collecting bank arising under § 57A-4-210 ; (8) A security interest of an issuer or nominated person arising under § 57A-5-118 ; (9) A security interest arising in the delivery of a financial asset under § 57A-9-206(c); (10) A security interest in investment property created by a broker or securities intermediary; (11) A security interest in a commodity contract or a commodity account created by a commodity intermediary; (12) An assignment for the benefit of all creditors of the transferor and subsequent transfers by the assignee thereunder; and (13) A security interest created by an assignment of a beneficial interest in a decedent's estate.