S.D. Codified Laws § 57A-9-NEW

Current with legislation signed by the governor on or before 3/6/2024
Section 57A-9-NEW - [Newly enacted section not yet numbered] [Effective 7/1/2024]
(a) A secured party has control of a controllable electronic record as provided in section 96 of this Act.
(b) A secured party has control of a controllable account or controllable payment intangible if the secured party has control of the controllable electronic record that evidences the controllable account or controllable payment intangible.

SDCL 57A-9-NEW

Added by S.L. 2024, ch. TBD,s. 47, eff. 7/1/2024.