South Dakota Codified Laws
Chapter 10 - Secured Creditors' Claims In Liquidation Proceedings
Section 54-10-12 - Application of chapter to existing transactions.

54-10-12. Application of chapter to existing transactions.
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.

<< Previous
Next >>

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 54 - Debtor and Creditor

Chapter 10 - Secured Creditors' Claims In Liquidation Proceedings

Section 54-10-1 - Definition of terms.

Section 54-10-2 - Secured creditor's claim against general assets--Disclosure of nature of security.

Section 54-10-3 - Failure of secured creditor to disclose existence of security--Effect of concealment.

Section 54-10-4 - Dividends to secured creditors--Computation.

Section 54-10-5 - Obligation for payment of money as security--Determination of value.

Section 54-10-6 - Security other than obligation for the payment of money--Determination of value.

Section 54-10-7 - Statutory provisions for determination of value of obligations impracticable or resulting in undue delay--Alternative method for determination of value.

Section 54-10-8 - Value of security, determination by compromise--Redemption of assets by liquidator.

Section 54-10-9 - Value of security, determination by litigation--Redemption of assets by liquidator.

Section 54-10-10 - Value of security, determination by liquidator's sale of assets--Order of sale, requirements.

Section 54-10-11 - Value of exempt security not credited upon claim.

Section 54-10-12 - Application of chapter to existing transactions.

Section 54-10-13 - Uniformity of interpretation of chapter.

Section 54-10-14 - Citation of chapter.