This chapter shall not apply to contracts and transactions already existing on July 1, 1941. Source: SL 1941, ch 162 , § 12; SDC Supp 1960, § 37.26A10.
Application of chapter to existing transactions
SDCL § 54-10-12 — under SECURED CREDITORS' CLAIMS IN LIQUIDATION PROCEEDINGS.
SDCL § 54-10-12