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2020 South Dakota Codified Laws
Title 57A - Uniform Commercial Code
Chapter 09 - Secured Transactions
Section 57A-9-609 - Secured party's rights with respect to collateral following default.
Universal Citation: SD Codified L § 57A-9-609 (2020)
57A-9-609. Secured party's rights with respect to collateral following default.
(a) After default, a secured party:
(1)May take possession of the collateral; and
(2)Without removal, may render equipment unusable and dispose of collateral on a debtor's premises under ยง57A-9-610.
(b) A secured party may proceed under subsection (a):
(1)Pursuant to judicial process; or
(2)Without judicial process, if it proceeds without breach of the peace.
(c) If so agreed, and in any event after default, a secured party may require the debtor to assemble the collateral and make it available to the secured party at a place to be designated by the secured party which is reasonably convenient to both parties.
Source: SL 2000, ch 231.
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