LegalFix
Sign In

§ 57A-9-204.1 Attachment of security interest in transactions entered into between June 30, 1978, and July 1, 1979.

SD Codified L § 57A-9-204.1 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

57A-9-204.1. Attachment of security interest in transactions entered into between June 30, 1978, and July 1, 1979. In transactions entered into after June 30, 1978, and prior to July 1, 1979, whereby the intent of the transaction was to create a security interest pursuant to this title, that security interest shall be deemed to have attached at the time there was agreement that it attach, when value was given, and when the debtor had rights in the collateral, unless an explicit agreement postponed the time of attaching.

Source: SL 2000, ch 231.

Previous Section
§ 57A-9-204 Interest in after-acquired collateral.
Next Section
§ 57A-9-205 Effect of debtor's right to use or dispose of collateral--Requirement of possession.