South Dakota Statutes
§ 57A-9-401 — Transferability of debtor's rights.
(a)Except as otherwise provided in subsection (b) and §§ 57A-9-406 , 57A-9-407 , 57A-9-408 , and 57A-9-409 , whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(b)An agreement between the debtor and secured party which prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.
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South Dakota § 57A-9-401 (Transferability of debtor's rights.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
United National Bank v. Corsica Enterprises, Inc. (In Re Corsica Enterprises, Inc.)
40 B.R. 769 (D. South Dakota, 1984)
Ganje v. Telford (In Re Rhine)
22 B.R. 42 (D. South Dakota, 1982)
In Re Painter
39 B.R. 544 (D. South Dakota, 1984)
Legislative History
SL 2000, ch 231.
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.