South Dakota § 57A-9-609 Secured party's rights with respect to collateral following default.

South Dakota Statutes

§ 57A-9-609 — Secured party's rights with respect to collateral following default.

South Dakota § 57A-9-609

Title 57AUNIFORM COMMERCIAL CODE

Ch. 57A-6SECURED TRANSACTIONS

This text of South Dakota § 57A-9-609 (Secured party's rights with respect to collateral following default.) 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-9-609 (2026).

Text

(a)After default, a secured party:

(1)May take possession of the collateral; and (2) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under § 57A-9-610 .

(b)A secured party may proceed under subsection (a):

(1)Pursuant to judicial process; or (2) Without judicial process, if it proceeds without breach of the peace.

(c)If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) After default, a secured party: (1) May take possession of the collateral; and (2) Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under § 57A-9-610 . (b) A secured party may proceed under subsection (a): (1) Pursuant to judicial process; or (2) Without judicial process, if it proceeds without breach of the peace. (c) If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.