<html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s07416e4abdbd4e96a8820d34f64637e4Normal { text-align: center; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s07416e4abdbd4e96a8820d34f64637e4HG4 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s07416e4abdbd4e96a8820d34f64637e4HG4C { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s07416e4abdbd4e96a8820d34f64637e4Normal-000000 { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } p.s07416e4abdbd4e96a8820d34f64637e4B { margin-left: 1.38in; text-indent: -1.38in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)"><meta property="og:description" content="SDLRC Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)"><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4Normal"><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4HG4">CHAPTER </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-13" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13</span></a></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4Normal"><span class="s07416e4abdbd4e96a8820d34f64637e4HG4C">TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4Normal-000000"><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont"> </span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-101" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-101</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Short title.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-102" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-102</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Definitions.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-201" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-201</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Saving clause.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-301" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-301</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Saving clause application.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-302" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-302</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Security interest perfected before effective date.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-303" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-303</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Security interest unperfected before effective date.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-304" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-304</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Effectiveness of actions taken before effective date.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-305" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-305</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Priority.</span></p><p dir="ltr" class="s07416e4abdbd4e96a8820d34f64637e4B"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-306" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-13-306</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">    Priority of claims when priority rules of chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s07416e4abdbd4e96a8820d34f64637e4DefaultParagraphFont"> do not apply.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s5bb28fe95e86491f9913e03ab25270ebNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5bb28fe95e86491f9913e03ab25270ebSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5bb28fe95e86491f9913e03ab25270ebCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s5bb28fe95e86491f9913e03ab25270ebStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5bb28fe95e86491f9913e03ab25270ebDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s5bb28fe95e86491f9913e03ab25270eb000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s5bb28fe95e86491f9913e03ab25270ebNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s5bb28fe95e86491f9913e03ab25270ebDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s5bb28fe95e86491f9913e03ab25270ebSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-101 - Short title."><meta property="og:description" content="SDLRC Codified Law 57A-13-101 - Short title."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-101"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s5bb28fe95e86491f9913e03ab25270ebNormal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-101" rel="noopener"><span class="s5bb28fe95e86491f9913e03ab25270ebSENU">57A-13-101</span></a><span xml:space="preserve" class="s5bb28fe95e86491f9913e03ab25270ebSENU">. </span><span class="s5bb28fe95e86491f9913e03ab25270ebCL">Short title.</span></p><p dir="ltr" class="s5bb28fe95e86491f9913e03ab25270ebStatute"><span class="s5bb28fe95e86491f9913e03ab25270ebDefaultParagraphFont">This chapter may be cited as Transitional Provisions for Uniform Commercial Code Amendments (2022).</span></p><p dir="ltr" class="s5bb28fe95e86491f9913e03ab25270ebNormal"><span xml:space="preserve" class="s5bb28fe95e86491f9913e03ab25270eb000000"> </span></p><p dir="ltr" class="s5bb28fe95e86491f9913e03ab25270ebNoIndent"><span xml:space="preserve" class="s5bb28fe95e86491f9913e03ab25270ebDefaultParagraphFont-000001">Source: </span><span class="s5bb28fe95e86491f9913e03ab25270ebSCL">SL 2024, ch 198, § 101.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s25532c9b93f2472f837484b4a6ce091fNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s25532c9b93f2472f837484b4a6ce091fSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s25532c9b93f2472f837484b4a6ce091fCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s25532c9b93f2472f837484b4a6ce091fStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s25532c9b93f2472f837484b4a6ce091fStatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s25532c9b93f2472f837484b4a6ce091fStatute-000000 { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s25532c9b93f2472f837484b4a6ce091f000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s25532c9b93f2472f837484b4a6ce091fNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s25532c9b93f2472f837484b4a6ce091fSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-102 - Definitions."><meta property="og:description" content="SDLRC Codified Law 57A-13-102 - Definitions."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-102"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fNormal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fSENU">57A-13-102</span></a><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fSENU">. </span><span class="s25532c9b93f2472f837484b4a6ce091fCL">Definitions.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(a) In this chapter:</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatuteNumber1"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(1)    "Adjustment date" means July 1, 2025, or the date that is one year after July 1, 2024, whichever is later.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatuteNumber1"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(2)    "Article 12" means Article 12 of the Uniform Commercial Code as adopted under chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-12</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatuteNumber1"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(3)    "Article 12 property" means a controllable account, controllable electronic record, or controllable payment intangible.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(b) The following definitions in other articles of title 57A apply to this chapter.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute-000000"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">"Controllable account." § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-9-102</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute-000000"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">"Controllable electronic record." § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-12-102</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute-000000"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">"Controllable payment intangible." § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-9-102</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute-000000"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">"Electronic money." § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-9-102</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute-000000"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">"Financing statement." § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-102" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-9-102</span></a><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fStatute"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">(c) Chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-1" rel="noopener"><span class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont">57A-1</span></a><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont"> contains general definitions and principles of construction and interpretation applicable throughout this chapter.</span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fNormal"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091f000001"> </span></p><p dir="ltr" class="s25532c9b93f2472f837484b4a6ce091fNoIndent"><span xml:space="preserve" class="s25532c9b93f2472f837484b4a6ce091fDefaultParagraphFont-000002">Source: </span><span class="s25532c9b93f2472f837484b4a6ce091fSCL">SL 2024, ch 198, § 102.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s0cc1fda6f6284785923b43e75cfc5372Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc1fda6f6284785923b43e75cfc5372SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0cc1fda6f6284785923b43e75cfc5372CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s0cc1fda6f6284785923b43e75cfc5372Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc1fda6f6284785923b43e75cfc5372DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s0cc1fda6f6284785923b43e75cfc5372000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0cc1fda6f6284785923b43e75cfc5372NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0cc1fda6f6284785923b43e75cfc5372DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0cc1fda6f6284785923b43e75cfc5372SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-201 - Saving clause."><meta property="og:description" content="SDLRC Codified Law 57A-13-201 - Saving clause."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-201"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s0cc1fda6f6284785923b43e75cfc5372Normal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-201" rel="noopener"><span class="s0cc1fda6f6284785923b43e75cfc5372SENU">57A-13-201</span></a><span xml:space="preserve" class="s0cc1fda6f6284785923b43e75cfc5372SENU">. </span><span class="s0cc1fda6f6284785923b43e75cfc5372CL">Saving clause.</span></p><p dir="ltr" class="s0cc1fda6f6284785923b43e75cfc5372Statute"><span class="s0cc1fda6f6284785923b43e75cfc5372DefaultParagraphFont">Except as provided in Part 3, a transaction validly entered into before July 1, 2024, and the rights, duties, and interests flowing from the transaction remain valid thereafter and may be terminated, completed, consummated, or enforced as required or permitted by law other than title 57A or, if applicable, title 57A, as though this chapter had not taken effect.</span></p><p dir="ltr" class="s0cc1fda6f6284785923b43e75cfc5372Normal"><span xml:space="preserve" class="s0cc1fda6f6284785923b43e75cfc5372000000"> </span></p><p dir="ltr" class="s0cc1fda6f6284785923b43e75cfc5372NoIndent"><span xml:space="preserve" class="s0cc1fda6f6284785923b43e75cfc5372DefaultParagraphFont-000001">Source: </span><span class="s0cc1fda6f6284785923b43e75cfc5372SCL">SL 2024, ch 198, § 103.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s6ec8461258624ea6a2d0ed02b3050c80Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6ec8461258624ea6a2d0ed02b3050c80SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6ec8461258624ea6a2d0ed02b3050c80CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s6ec8461258624ea6a2d0ed02b3050c80Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6ec8461258624ea6a2d0ed02b3050c80StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s6ec8461258624ea6a2d0ed02b3050c80000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s6ec8461258624ea6a2d0ed02b3050c80NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s6ec8461258624ea6a2d0ed02b3050c80SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-301 - Saving clause application."><meta property="og:description" content="SDLRC Codified Law 57A-13-301 - Saving clause application."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-301"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80Normal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-301" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80SENU">57A-13-301</span></a><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80SENU">. </span><span class="s6ec8461258624ea6a2d0ed02b3050c80CL">Saving clause application.</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80Statute"><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">(a) Except as provided in this section, chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont"> as amended by SL 2024, ch 198 and chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-12</span></a><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">, apply to a transaction, lien, or other interest in property, even if the transaction, lien, or interest was entered into, created, or acquired before July 1, 2024.</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80Statute"><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">(b) Except as provided in subsection (c) and §§ </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-302" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-13-302</span></a><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-306" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-13-306</span></a><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">, inclusive:</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80StatuteNumber1"><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">(1)    A transaction, lien, or interest in property that was validly entered into, created, or transferred before July 1, 2024, and was not governed by title 57A, but would be subject to chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont"> as amended by SL 2024, ch 198 or chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12" rel="noopener"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">57A-12</span></a><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">, if it had been entered into, created, or transferred on or after July 1, 2024, including the rights, duties, and interests flowing from the transaction, lien, or interest, remains valid on and after July 1, 2024;</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80StatuteNumber1"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">(2)    The transaction, lien, or interest may be terminated, completed, consummated, and enforced as required or permitted by SL 2024, ch 198 or by the law that would apply if SL 2024, ch 198 had not taken effect.</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80Statute"><span class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont">(c) SL 2024, ch 198 does not affect an action, case, or proceeding commenced before July 1, 2024.</span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80Normal"><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80000000"> </span></p><p dir="ltr" class="s6ec8461258624ea6a2d0ed02b3050c80NoIndent"><span xml:space="preserve" class="s6ec8461258624ea6a2d0ed02b3050c80DefaultParagraphFont-000001">Source: </span><span class="s6ec8461258624ea6a2d0ed02b3050c80SCL">SL 2024, ch 198, § 104.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s958ea8e7638f4dc9ab9c41305421e581Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s958ea8e7638f4dc9ab9c41305421e581SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s958ea8e7638f4dc9ab9c41305421e581CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s958ea8e7638f4dc9ab9c41305421e581Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s958ea8e7638f4dc9ab9c41305421e581StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s958ea8e7638f4dc9ab9c41305421e581000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s958ea8e7638f4dc9ab9c41305421e581NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s958ea8e7638f4dc9ab9c41305421e581SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-302 - Security interest perfected before effective date."><meta property="og:description" content="SDLRC Codified Law 57A-13-302 - Security interest perfected before effective date."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-302"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581Normal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-302" rel="noopener"><span class="s958ea8e7638f4dc9ab9c41305421e581SENU">57A-13-302</span></a><span xml:space="preserve" class="s958ea8e7638f4dc9ab9c41305421e581SENU">. </span><span class="s958ea8e7638f4dc9ab9c41305421e581CL">Security interest perfected before effective date.</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581Statute"><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">(a) A security interest that is enforceable and perfected immediately before July 1, 2024, is a perfected security interest under SL 2024, ch 198 if, on July 1, 2024, the requirements for enforceability and perfection under SL 2024, ch 198 are satisfied without further action.</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581Statute"><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">(b) If a security interest is enforceable and perfected immediately before July 1, 2024, but the requirements for enforceability or perfection under SL 2024, ch 198 are not satisfied on July 1, 2024, the security interest:</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581StatuteNumber1"><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">(1)    Is a perfected security interest until the earlier of the time perfection would have ceased under the law in effect immediately before July 1, 2024, or the adjustment date;</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581StatuteNumber1"><span xml:space="preserve" class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">(2)    Remains enforceable thereafter only if the security interest satisfies the requirements for enforceability under § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-203" rel="noopener"><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">57A-9-203</span></a><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">, as amended by SL 2024, ch 198, before the adjustment date; and</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581StatuteNumber1"><span class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont">(3)    Remains perfected thereafter only if the requirements for perfection under SL 2024, ch 198 are satisfied before the time specified in paragraph (1).</span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581Normal"><span xml:space="preserve" class="s958ea8e7638f4dc9ab9c41305421e581000000"> </span></p><p dir="ltr" class="s958ea8e7638f4dc9ab9c41305421e581NoIndent"><span xml:space="preserve" class="s958ea8e7638f4dc9ab9c41305421e581DefaultParagraphFont-000001">Source: </span><span class="s958ea8e7638f4dc9ab9c41305421e581SCL">SL 2024, ch 198, § 105.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s0aec11cd8b994fab8cca21d1ff5e25f2Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0aec11cd8b994fab8cca21d1ff5e25f2SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0aec11cd8b994fab8cca21d1ff5e25f2CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s0aec11cd8b994fab8cca21d1ff5e25f2Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber1 { margin-left: 0.75in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber2 { margin-left: 1.25in; text-indent: -0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s0aec11cd8b994fab8cca21d1ff5e25f2000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s0aec11cd8b994fab8cca21d1ff5e25f2NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s0aec11cd8b994fab8cca21d1ff5e25f2SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-303 - Security interest unperfected before effective date."><meta property="og:description" content="SDLRC Codified Law 57A-13-303 - Security interest unperfected before effective date."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-303"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2Normal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-303" rel="noopener"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2SENU">57A-13-303</span></a><span xml:space="preserve" class="s0aec11cd8b994fab8cca21d1ff5e25f2SENU">. </span><span class="s0aec11cd8b994fab8cca21d1ff5e25f2CL">Security interest unperfected before effective date.</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2Statute"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">A security interest that is enforceable immediately before July 1, 2024, but is unperfected at that time:</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber1"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">(1)    Remains an enforceable security interest until the adjustment date;</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber1"><span xml:space="preserve" class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">(2)    Remains enforceable thereafter if the security interest become enforceable under § </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9-203" rel="noopener"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">57A-9-203</span></a><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">, as amended by SL 2024, ch 198, on July 1, 2024, or before the adjustment date; and</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber1"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">(3)    Becomes perfected:</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber2"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">(A)    Without further action, on July 1, 2024, if the requirements for perfection under SL 2024, ch 198 are satisfied before or at that time; or</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2StatuteNumber2"><span class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont">(B)    When the requirements for perfection are satisfied if the requirements are satisfied after that time.</span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2Normal"><span xml:space="preserve" class="s0aec11cd8b994fab8cca21d1ff5e25f2000000"> </span></p><p dir="ltr" class="s0aec11cd8b994fab8cca21d1ff5e25f2NoIndent"><span xml:space="preserve" class="s0aec11cd8b994fab8cca21d1ff5e25f2DefaultParagraphFont-000001">Source: </span><span class="s0aec11cd8b994fab8cca21d1ff5e25f2SCL">SL 2024, ch 198, § 106.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s876e025c0c9144f08ca6ffb19742f8a4Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876e025c0c9144f08ca6ffb19742f8a4SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s876e025c0c9144f08ca6ffb19742f8a4CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s876e025c0c9144f08ca6ffb19742f8a4Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s876e025c0c9144f08ca6ffb19742f8a4000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s876e025c0c9144f08ca6ffb19742f8a4NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s876e025c0c9144f08ca6ffb19742f8a4SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-304 - Effectiveness of actions taken before effective date."><meta property="og:description" content="SDLRC Codified Law 57A-13-304 - Effectiveness of actions taken before effective date."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-304"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4Normal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-304" rel="noopener"><span class="s876e025c0c9144f08ca6ffb19742f8a4SENU">57A-13-304</span></a><span xml:space="preserve" class="s876e025c0c9144f08ca6ffb19742f8a4SENU">. </span><span class="s876e025c0c9144f08ca6ffb19742f8a4CL">Effectiveness of actions taken before effective date.</span></p><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4Statute"><span class="s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont">(a) If action, other than the filing of a financing statement, is taken before July 1, 2024, and the action would have resulted in perfection of the security interest had the security interest become enforceable before July 1, 2024, the action is effective to perfect a security interest that attaches under SL 2024, ch 198 before the adjustment date. An attached security interest becomes unperfected on the adjustment date unless the security interest becomes a perfected security interest under SL 2024, ch 198 before the adjustment date.</span></p><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4Statute"><span class="s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont">(b) The filing of a financing statement before July 1, 2024, is effective to perfect a security interest on July 1, 2024, to the extent the filing would satisfy the requirements for perfection under SL 2024, ch 198.</span></p><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4Statute"><span class="s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont">(c) The taking of an action before July 1, 2024, is sufficient for the enforceability of a security interest on July 1, 2024, if the action would satisfy the requirements for enforceability under SL 2024, ch 198.</span></p><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4Normal"><span xml:space="preserve" class="s876e025c0c9144f08ca6ffb19742f8a4000000"> </span></p><p dir="ltr" class="s876e025c0c9144f08ca6ffb19742f8a4NoIndent"><span xml:space="preserve" class="s876e025c0c9144f08ca6ffb19742f8a4DefaultParagraphFont-000001">Source: </span><span class="s876e025c0c9144f08ca6ffb19742f8a4SCL">SL 2024, ch 198, § 107.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.sf7ad4233d2b741258ae5ac32eb1acf3fNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf7ad4233d2b741258ae5ac32eb1acf3fSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf7ad4233d2b741258ae5ac32eb1acf3fCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.sf7ad4233d2b741258ae5ac32eb1acf3fStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.sf7ad4233d2b741258ae5ac32eb1acf3f000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.sf7ad4233d2b741258ae5ac32eb1acf3fNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.sf7ad4233d2b741258ae5ac32eb1acf3fSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-305 - Priority."><meta property="og:description" content="SDLRC Codified Law 57A-13-305 - Priority."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-305"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fNormal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-305" rel="noopener"><span class="sf7ad4233d2b741258ae5ac32eb1acf3fSENU">57A-13-305</span></a><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fSENU">. </span><span class="sf7ad4233d2b741258ae5ac32eb1acf3fCL">Priority.</span></p><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fStatute"><span class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont">(a) Subject to subsections (b) and (c), SL 2024, ch 198 determines the priority of conflicting claims to collateral.</span></p><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fStatute"><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont">(b) Subject to subsection (c), if the priorities of claims to collateral were established before July 1, 2024, chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont"> as in effect before July 1, 2024, determines priority.</span></p><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fStatute"><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont">(c) On the adjustment date, to the extent the priorities determined by chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont"> as amended by SL 2024, ch 198 modify the priorities established before July 1, 2024, the priorities of claims to Article 12 property and electronic money established before July 1, 2024, cease to apply.</span></p><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fNormal"><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3f000000"> </span></p><p dir="ltr" class="sf7ad4233d2b741258ae5ac32eb1acf3fNoIndent"><span xml:space="preserve" class="sf7ad4233d2b741258ae5ac32eb1acf3fDefaultParagraphFont-000001">Source: </span><span class="sf7ad4233d2b741258ae5ac32eb1acf3fSCL">SL 2024, ch 198, § 108.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 57A-13 - TRANSITIONAL PROVISIONS FOR UNIFORM COMMERCIAL CODE AMENDMENTS (2022)</title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s357a1de0323546d5a72fbf92e323ee9cNormal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s357a1de0323546d5a72fbf92e323ee9cSENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s357a1de0323546d5a72fbf92e323ee9cCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s357a1de0323546d5a72fbf92e323ee9cStatute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s357a1de0323546d5a72fbf92e323ee9c000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s357a1de0323546d5a72fbf92e323ee9cNoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s357a1de0323546d5a72fbf92e323ee9cSCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 57A-13-306 - Priority of claims when priority rules of chapter 57A-9 do not apply."><meta property="og:description" content="SDLRC Codified Law 57A-13-306 - Priority of claims when priority rules of chapter 57A-9 do not apply."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes/57A-13-306"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cNormal"><a href="https://sdlegislature.gov/Statutes?Statute=57A-13-306" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cSENU">57A-13-306</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cSENU">. </span><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cCL">Priority of claims when priority rules of chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cCL">57A-9</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cCL"> do not apply.</span></p><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cStatute"><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">(a) Subject to subsection (b) and (c), chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">57A-12</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont"> determines the priority of conflicting claims to Article 12 property when the priority rules of chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont"> as amended by SL 2024, ch 198 do not apply.</span></p><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cStatute"><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">(b) Subject to subsection (c), when the priority rules of chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont"> as amended by SL 2024, ch 198 do not apply, to the extent the priorities determined by SL 2024, ch 198 modify the priorities established before July 1, 2024, the priorities of claims to Article 12 property were established before July 1, 2024, law other than chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-12" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">57A-12</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont"> determines priority.</span></p><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cStatute"><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">(c) When the priority rules of chapter </span><a href="https://sdlegislature.gov/Statutes?Statute=57A-9" rel="noopener"><span class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont">57A-9</span></a><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont"> as amended by SL 2024, ch 198 do not apply, to the extent the priorities determined by SL 2024, ch 198 modify the priorities established before July 1, 2024, the priorities of claims to Article 12 property established before July 1, 2024, cease to apply on the adjustment date.</span></p><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cNormal"><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9c000000"> </span></p><p dir="ltr" class="s357a1de0323546d5a72fbf92e323ee9cNoIndent"><span xml:space="preserve" class="s357a1de0323546d5a72fbf92e323ee9cDefaultParagraphFont-000001">Source: </span><span class="s357a1de0323546d5a72fbf92e323ee9cSCL">SL 2024, ch 198, § 109.</span></p></div></body></html>