Title 57A — UNIFORM COMMERCIAL CODE
16 chapters · 675 sections in this title.
SDCL § 57A-11-101 Effective date
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This 1983 Act shall become effective at 12:01 a.m. on July 1, 1983. Source: SDCL, § 57A-11-101 , enacted by SL 1982, ch 347 , § 38; SL 1983, ch 367 , § 7. 57A-11-101A. Transition to 1999 Act--General rule. A transaction arising out of or associated with a letter of credit that wa…
SDCL § 57A-11-102 Preservation of old transition provision
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The provisions of Title 57A in effect on July 1, 1983 shall continue to apply to this 1982 Act and for this purpose Title 57A in effect on July 1, 1983 and this 1982 Act shall be considered one continuous statute. Source: SDCL, § 57A-11-102 , enacted by SL 1982, ch 347 , § 38; SL…
SDCL § 57A-11-103 Transition to 1983 Act--General rule
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Transactions validly entered into after the dates set by § 57A-10-101 and before July 1, 1983, and which were subject to the provisions of Title 57A and which would be subject to this 1983 Act as amended if they had been entered into after July 1, 1983 and the rights, duties and …
SDCL § 57A-11-104 Transition provision on change of requirement of filing
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A security interest for the perfection of which filing or the taking of possession was required under Title 57A and which attached prior to July 1, 1983 but was not perfected shall be deemed perfected on July 1, 1983 if this 1983 Act permits perfection without filing or authorize…
SDCL § 57A-11-105 Transition provision on change of place of filing
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(1) A financing statement or continuation statement filed prior to July 1, 1983 which shall not have lapsed prior to July 1, 1983 shall remain effective for the period provided in Title 57A, but not less than five years after the filing. (2) With respect to any collateral acquire…
SDCL § 57A-11-106 Required refilings
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(1) If a security interest is perfected or has priority when this 1983 Act takes effect as to all persons or as to certain persons without any filing or recording, and if the filing of a financing statement would be required for the perfection or priority of the security interest…
SDCL § 57A-11-107 Transition provisions as to priorities
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Except as otherwise provided in this chapter, Title 57A shall apply to any questions of priority if the positions of the parties were fixed prior to July 1, 1983. In other cases questions of priority shall be determined by this 1983 Act. Source: SDCL, § 57A-11-107 , enacted by SL…
SDCL § 57A-11-108 Presumption that rule of law continues unchanged
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Unless a change in law has clearly been made, the provisions of this 1983 Act shall be deemed declaratory of the meaning of Title 57A. Source: SDCL, § 57A-11-108 , enacted by SL 1982, ch 347 , § 38; SL 1983, ch 367 , § 7.