2011 South Dakota Code
Title 54 DEBTOR AND CREDITOR
Chapter 06A. Lease-Purchase Agreements For Personal Property
§54-6A-6 Provisions prohibited in agreements.


SD Codified L § 54-6A-6 (through 2011) What's This?

54-6A-6. Provisions prohibited in agreements. A lease-purchase agreement may not contain:

(1) A confession of judgment;

(2) A negotiable instrument;

(3) A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;

(4) A wage assignment;

(5) A waiver by the consumer of claims or defenses; or

(6) A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.

Source: SL 1991, ch 393, § 6.

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