2015 South Dakota Codified Laws
Title 57A - UNIFORM COMMERCIAL CODE
Chapter 09 - Secured Transactions
§ 57A-9-401 Transferability of debtor's rights.
57A-9-401. Transferability of debtor's rights.
(a) Except as otherwise provided in subsection (b) and ยงยง 57A-9-406, 57A-9-407, 57A-9-408, and 57A-9-409, whether a debtor's rights in collateral may be voluntarily or involuntarily transferred is governed by law other than this article.
(b) An agreement between the debtor and secured party which prohibits a transfer of the debtor's rights in collateral or makes the transfer a default does not prevent the transfer from taking effect.
Source: SL 2000, ch 231.
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