S.D. Codified Laws § 57A-9-624

Waiver

Known as the Uniform Commercial Code

The act spans §§ 57A-1-101 to 57A-9-809 (574 sections).

Applied in 1 court decision — leading case Butler MacHinery Co. v. Morris Construction Co. (2004)

Most recently applied in Butler MacHinery Co. v. Morris Construction Co. (June 2004)

Source: SL 2000, ch 231; SL 2024, ch 198, § 91.

(a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under § 57A-9-611 only by an agreement to that effect entered into and signed after default.

(b) A debtor may waive the right to require disposition of collateral under § 57A-9-620(e) only by an agreement to that effect entered into and signed after default.

(c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under § 57A-9-623 only by an agreement to that effect entered into and signed after default.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.