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S.D. Codified Laws § 57A-9-804

Security interest unperfected before effective date

Known as the Uniform Commercial Code

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

Source: SL 2012, ch 238, § 9-804, eff

A security interest that is an unperfected security interest immediately before July 1, 2013 becomes a perfected security interest:

(1) Without further action, on July 1, 2013 if the applicable requirements for perfection under chapter-57A-9 as amended by SL 2012, ch 238 are satisfied before or at that time; or

(2) When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time.

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