reglab/housing_qa huggingface dataset:
SD Codified L § 57A-9-628 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-628 - Limitations on liability of secured party.

57A-9-628. Limitations on liability of secured party.(a) Unless a secured party knows that a person is a debtor or obligor, knows the identity of the person, and knows how to communicate with the person:(1)The secured party is not liable to the person, or to a secured party or lienholder that has filed a financing statement against the person, for failure to comply with this chapter; and(2)The secured party's failure to comply with this chapter does not affect the liability of the person for a deficiency.(b) A secured party is not liable because of its status as secured party:(1)To a person that is a debtor or obligor, unless the secured party knows:(A)That the person is a debtor or obligor;(B)The identity of the person; and(C)How to communicate with the person; or(2)To a secured party or lienholder that has filed a financing statement against a person, unless the secured party knows:(A)That the person is a debtor; and(B)The identity of the person.(c) A secured party is not liable to any person, and a person's liability for a deficiency is not affected, because of any act or omission arising out of the secured party's reasonable belief that a transaction is not a consumer-goods transaction or a consumer transaction or that goods are not consumer goods, if the secured party's belief is based on its reasonable reliance on:(1)A debtor's representation concerning the purpose for which collateral was to be used, acquired, or held; or(2)An obligor's representation concerning the purpose for which a secured obligation was incurred.(d) A secured party is not liable to any person under §57A-9-625(c)(2) for its failure to comply with §57A-9-616.(e) A secured party is not liable under §57A-9-625(c)(2) more than once with respect to any one secured obligation. Source: SL 2000, ch 231.
SD Codified L § 57A-9-701 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-701 - Effective date of chapter.

57A-9-701. Effective date of chapter.This chapter is effective on July 1, 2001, and on July 1, 2001, chapter 57A-9 is repealed. Source: SL 2000, ch 231.
SD Codified L § 57A-9-702 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-702 - Effect of chapter on transactions or liens entered into or created before July 1, 2001--Effect on actions, cases, or proceedings.

57A-9-702. Effect of chapter on transactions or liens entered into or created before July 1, 2001--Effect on actions, cases, or proceedings.(a) Except as otherwise provided in this part, this chapter applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2001.(b) Except as otherwise provided in subsection (c) and §§57A-9-703 through 57A-9-709:(1)Transactions and liens that were not governed by former chapter 57A-9, were validly entered into or created before July 1, 2001, and would be subject to this chapter if they had been entered into or created after July 1, 2001, and the rights, duties, and interests flowing from those transactions and liens remain valid after July 1, 2001; and(2)The transactions and liens may be terminated, completed, consummated, and enforced as required or permitted by this chapter or by the law that otherwise would apply if this chapter had not taken effect.(c) This chapter does not affect an action, case, or proceeding commenced before July 1, 2001. Source: SL 2000, ch 231.
SD Codified L § 57A-9-703 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-703 - Effect of division on security interests enforceable before July 1, 2001.

57A-9-703. Effect of division on security interests enforceable before July 1, 2001.(a) A security interest that is enforceable immediately before July 1, 2001, and would have priority over the rights of a person that becomes a lien creditor at that time is a perfected security interest under this chapter if, on July 1, 2001, the applicable requirements for enforceability and perfection under this chapter are satisfied without further action.(b) Except as otherwise provided in §57A-9-705, if, immediately before July 1, 2001, a security interest is enforceable and would have priority over the rights of a person that becomes a lien creditor at that time, but the applicable requirements for enforceability or perfection under this chapter are not satisfied on July 1, 2001, the security interest:(1)Is a perfected security interest for one year after July 1, 2001;(2)Remains enforceable thereafter only if the security interest becomes enforceable under §57A-9-203 before the year expires; and(3)Remains perfected thereafter only if the applicable requirements for perfection under this chapter are satisfied before the year expires. Source: SL 2000, ch 231.
SD Codified L § 57A-9-704 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-704 - Enforceability and perfection of security interest enforceable immediately prior to July 1, 2001, and subordinate to lien creditor.

57A-9-704. Enforceability and perfection of security interest enforceable immediately prior to July 1, 2001, and subordinate to lien creditor.A security interest that is enforceable immediately before July 1, 2001, but which would be subordinate to the rights of a person that becomes a lien creditor at that time:(1)Remains an enforceable security interest for one year after July 1, 2001;(2)Remains enforceable thereafter if the security interest becomes enforceable under §57A-9-203 on July 1, 2001, or within one year thereafter; and(3)Becomes perfected:(A)Without further action, on July 1, 2001, if the applicable requirements for perfection under this chapter are satisfied before or at that time; or(B)When the applicable requirements for perfection are satisfied if the requirements are satisfied after that time. Source: SL 2000, ch 231.
SD Codified L § 57A-9-705 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-705 - Effect of certain actions prior to July 1, 2001.

57A-9-705. Effect of certain actions prior to July 1, 2001.(a) If action, other than the filing of a financing statement, is taken before July 1, 2001, and the action would have resulted in priority of a security interest over the rights of a person that becomes a lien creditor had the security interest become enforceable before July 1, 2001, the action is effective to perfect a security interest that attaches under this chapter within one year after July 1, 2001. An attached security interest becomes unperfected one year after July 1, 2001, unless the security interest becomes a perfected security interest under this chapter before the expiration of that period.(b) The filing of a financing statement before July 1, 2001, is effective to perfect a security interest to the extent the filing would satisfy the applicable requirements for perfection under this chapter.(c) This chapter does not render ineffective an effective financing statement that, before July 1, 2001, is filed and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in former §57A-9-103. However, except as otherwise provided in subsections (d) and (e) and §57A-9-706, the financing statement ceases to be effective at the earlier of:(1)The time the financing statement would have ceased to be effective under the law of the jurisdiction in which it is filed; or(2)June 30, 2006.(d) The filing of a continuation statement after July 1, 2001, does not continue the effectiveness of the financing statement filed before July 1, 2001. However, upon the timely filing of a continuation statement after July 1, 2001, and in accordance with the law of the jurisdiction governing perfection as provided in Part 3, the effectiveness of a financing statement filed in the same office in that jurisdiction before July 1, 2001, continues for the period provided by the law of that jurisdiction.(e) Subsection (c)(2) applies to a financing statement that, before July 1, 2001, is filed against a transmitting utility and satisfies the applicable requirements for perfection under the law of the jurisdiction governing perfection as provided in former §57A-9-103 only to the extent that Part 3 provides that the law of a jurisdiction other than the jurisdiction in which the financing statement is filed governs perfection of a security interest in collateral covered by the financing statement.(f) A financing statement that includes a financing statement filed before July 1, 2001, and a continuation statement filed after July 1, 2001, is effective only to the extent that it satisfies the requirements of Part 5 for an initial financing statement. Source: SL 2000, ch 231.
SD Codified L § 57A-9-706 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-706 - Conditions to continuing effectiveness of financing statement filed before July 1, 2001.

57A-9-706. Conditions to continuing effectiveness of financing statement filed before July 1, 2001.(a) The filing of an initial financing statement in the office specified in §57A-9-501 continues the effectiveness of a financing statement filed before July 1, 2001 if:(1)The filing of an initial financing statement in that office would be effective to perfect a security interest under this chapter;(2)The pre-effective-date financing statement was filed in an office in another state or another office in this state; and(3)The initial financing statement satisfies subsection (c).(b) The filing of an initial financing statement under subsection (a) continues the effectiveness of the pre-effective-date financing statement:(1)The initial financing statement is filed before July 1, 2001, for the period provided in §57A-9-403 with respect to a financing statement; and(2)The initial financing statement is filed after July 1, 2001, for the period provided in §57A-9-515 with respect to an initial financing statement.(c) To be effective for purposes of subsection (a), an initial financing statement must:(1)Satisfy the requirements of Part 5 for an initial financing statement;(2)Identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3)Indicate that the pre-effective-date financing statement remains effective. Source: SL 2000, ch 231.
SD Codified L § 57A-9-707 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-707 - Pre-effective-date financing statement--Amendment, continuation, termination.

57A-9-707. Pre-effective-date financing statement--Amendment, continuation, termination.(a) In this section, "pre-effective-date financing statement" means a financing statement filed before July 1, 2001.(b) After July 1, 2001, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in Part 3. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Except as otherwise provided in subsection (d), if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after July 1, 2001, only if:(1)The pre-effective-date financing statement and an amendment are filed in the office specified in §57A-9-501;(2)An amendment is filed in the office specified in §57A-9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies §57A-9-706(c); or(3)An initial financing statement that provides the information as amended and satisfies §57A-9-706(c) is filed in the office specified in §57A-9-501.(d) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under §57A-9-705(d) and (f) or 57A-9-706.(e) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after July 1, 2001, by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies §57A-9-706(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in Part 3 as the office in which to file a financing statement. Source: SL 2000, ch 231.
SD Codified L § 57A-9-708 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-708 - Conditions to filing initial financing statement or continuation statement under part.

57A-9-708. Conditions to filing initial financing statement or continuation statement under part.A person may file an initial financing statement or a continuation statement under this part if:(1)The secured party of record authorizes the filing; and(2)The filing is necessary under this part:(A)To continue the effectiveness of a financing statement filed before July 1, 2001; or(B)To perfect or continue the perfection of a security interest. Source: SL 2000, ch 231.
SD Codified L § 57A-9-709 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-709 - Determination of priority of conflicting claims to collateral--Dating priority of security interest.

57A-9-709. Determination of priority of conflicting claims to collateral--Dating priority of security interest.(a) This chapter determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2001, former chapter 57A-9 determines priority.(b) For purposes of §57A-9-322(a), the priority of a security interest that becomes enforceable under §57A-9-203 of this chapter dates from July 1, 2001, if the security interest is perfected under this chapter by the filing of a financing statement before July 1, 2001, which would not have been effective to perfect the security interest under former chapter 57A-9. This subsection does not apply to conflicting security interests each of which is perfected by the filing of such a financing statement. Source: SL 2000, ch 231.
SD Codified L § 57A-9-801 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-801 - Effective date of SL 2012, ch 238.

57A-9-801. Effective date of SL 2012, ch 238.SL 2012, ch 238 takes effect on July 1, 2013. Source: SL 2012, ch 238, §9-801, eff. July 1, 2013.
SD Codified L § 57A-9-802 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-802 - Savings clause.

57A-9-802. Savings clause.(a) Except as otherwise provided in this part, SL 2012, ch 238 applies to a transaction or lien within its scope, even if the transaction or lien was entered into or created before July 1, 2013.(b) SL 2012, ch 238 does not affect an action, case, or proceeding commenced before July 1, 2013. Source: SL 2012, ch 238, §9-802, eff. July 1, 2013.
SD Codified L § 57A-9-803 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-803 - Security interest perfected before effective date.

57A-9-803. Security interest perfected before effective date.(a) A security interest that is a perfected security interest immediately before July 1, 2013 is a perfected security interest under chapter 57A-9 as amended by SL 2012, ch 238 if, on July 1, 2013, the applicable requirements for attachment and perfection under chapter 57A-9 as amended by SL 2012, ch 238 are satisfied without further action.(b) Except as otherwise provided in §57A-9-805, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under chapter 57A-9 as amended by SL 2012, ch 238 are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under chapter 57A-9 as amended by SL 2012, ch 238 are satisfied within one year after July 1, 2013. Source: SL 2012, ch 238, §9-803, eff. July 1, 2013.
SD Codified L § 57A-9-804 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-804 - Security interest unperfected before effective date.

57A-9-804. Security interest unperfected before effective date.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. Source: SL 2012, ch 238, §9-804, eff. July 1, 2013.
SD Codified L § 57A-9-806 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-806 - When initial financing statement suffices to continue effectiveness of financing statement.

57A-9-806. When initial financing statement suffices to continue effectiveness of financing statement.(a) The filing of an initial financing statement in the office specified in §57A-9-501 continues the effectiveness of a financing statement filed before July 1, 2013 if:(1)The filing of an initial financing statement in that office would be effective to perfect a security interest under chapter 57A-9 as amended by SL 2012, ch 238;(2)The pre-effective-date financing statement was filed in an office in another state; and(3)The initial financing statement satisfies subsection (c).(b) The filing of an initial financing statement under subsection (a) continues the effectiveness of the pre-effective-date financing statement:(1)If the initial financing statement is filed before July 1, 2013, for the period provided in unamended §57A-9-515 as found prior to July 1, 2013, with respect to an initial financing statement; and(2)If the initial financing statement is filed after SL 2012, ch 238 takes effect, for the period provided in §57A-9-515 as amended by SL 2012, ch 238 with respect to an initial financing statement.(c) To be effective for purposes of subsection (a), an initial financing statement must:(1)Satisfy the requirements of §§57A-9-501 to 57A-9-530, inclusive, as amended by SL 2012, ch 238 for an initial financing statement;(2)Identify the pre-effective-date financing statement by indicating the office in which the financing statement was filed and providing the dates of filing and file numbers, if any, of the financing statement and of the most recent continuation statement filed with respect to the financing statement; and(3)Indicate that the pre-effective-date financing statement remains effective. Source: SL 2012, ch 238, §9-806, eff. July 1, 2013.
SD Codified L § 57A-9-807 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-807 - Amendment of pre-effective-date financing statement.

57A-9-807. Amendment of pre-effective-date financing statement.(a) In this section, "pre-effective-date financing statement" means a financing statement filed before July 1, 2013.(b) After SL 2012, ch 238 takes effect, a person may add or delete collateral covered by, continue or terminate the effectiveness of, or otherwise amend the information provided in, a pre-effective-date financing statement only in accordance with the law of the jurisdiction governing perfection as provided in chapter 57A-9 as amended by SL 2012, ch 238. However, the effectiveness of a pre-effective-date financing statement also may be terminated in accordance with the law of the jurisdiction in which the financing statement is filed.(c) Except as otherwise provided in subsection (d), if the law of this state governs perfection of a security interest, the information in a pre-effective-date financing statement may be amended after SL 2012, ch 238 takes effect only if:(1)The pre-effective-date financing statement and an amendment are filed in the office specified in §57A-9-501;(2)An amendment is filed in the office specified in §57A-9-501 concurrently with, or after the filing in that office of, an initial financing statement that satisfies §57A-9-806(c); or(3)An initial financing statement that provides the information as amended and satisfies §57A-9-806(c) is filed in the office specified in §57A-9-501.(d) If the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement may be continued only under §57A-9-805(c) and (e) or §57A-9-806.(e) Whether or not the law of this state governs perfection of a security interest, the effectiveness of a pre-effective-date financing statement filed in this state may be terminated after SL 2012, ch 238 takes effect by filing a termination statement in the office in which the pre-effective-date financing statement is filed, unless an initial financing statement that satisfies §57A-9-806(c) has been filed in the office specified by the law of the jurisdiction governing perfection as provided in chapter 57A-9 as amended by SL 2012, ch 238 as the office in which to file a financing statement. Source: SL 2012, ch 238, §9-807, eff. July 1, 2013.
SD Codified L § 57A-9-808 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-808 - Person entitled to file initial financing statement or continuation statement.

57A-9-808. Person entitled to file initial financing statement or continuation statement.A person may file an initial financing statement or a continuation statement under this part if:(1)The secured party of record authorizes the filing; and(2)The filing is necessary under this part:(A)To continue the effectiveness of a financing statement filed before July 1, 2013; or(B)To perfect or continue the perfection of a security interest. Source: SL 2012, ch 238, §9-808, eff. July 1, 2013.
SD Codified L § 57A-9-809 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 09 - Secured Transactions|Section 57A-9-809 - Priority.

57A-9-809. Priority.SL 2012, ch 238 determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before July 1, 2013, chapter 57A-9 as it existed before July 1, 2013 determines priority. Source: SL 2012, ch 238, §9-809, eff. July 1, 2013.
SD Codified L § 57A-10-101 (2021)
2021 South Dakota Codified Laws|Title 57A - Uniform Commercial Code|Chapter 10 - Effective Date And Repealer|Section 57A-10-101 - Effective date.

57A-10-101. Effective date.Such parts of this title as are necessary to effectuate the enactment of the Uniform Stock Transfer Act, including but not limited to subsection (1) of §57A-1-102, §57A-1-103, subsections (19), (28), (30), (32), (33) and (44) of §57A-1-201, §§57A-8-103, 57A-8-204, 57A-8-206, 57A-8-207, 57A-8-301, 57A-8-306, 57A-8-307, 57A-8-308, 57A-8-309, 57A-8-313, 57A-8-315, 57A-8-317 and 57A-8-405, became effective July 1, 1966, and this title otherwise became effective July 1, 1967. It applies to transactions entered into and events occurring after that date. Source: SL 1966, ch 150, §10-101; SDCL, §57-40-1.