South Dakota Statutes
§ 57A-9-402 — Secured party's liability for debtor's acts or omissions.
The existence of a security interest, agricultural lien, or authority given to a debtor to dispose of or use collateral, without more, does not subject a secured party to liability in contract or tort for the debtor's acts or omissions.
Free access — add to your briefcase to read the full text and ask questions with AI
South Dakota § 57A-9-402 (Secured party's liability for debtor's acts or omissions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Rushmore State Bank v. Kurylas, Inc.
424 N.W.2d 649 (South Dakota Supreme Court, 1988)
Kurylas, Inc. v. Bradsky
452 N.W.2d 111 (South Dakota Supreme Court, 1990)
Merchants State Bank v. Light
458 N.W.2d 792 (South Dakota Supreme Court, 1990)
Farmers & Merchants State Bank v. Teveldal
524 N.W.2d 874 (South Dakota Supreme Court, 1994)
First Nat. Bank in Pierre, SD v. Feeney
393 N.W.2d 458 (South Dakota Supreme Court, 1986)
Bank of Cresbard v. Lindhorst Farms, Inc.
78 B.R. 1002 (D. South Dakota, 1987)
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.