S.D. Codified Laws § 57A-9-326.1

Current through the 2024 Legislative Session
Section 57A-9-326.1 - Priority of security interest in controllable account, controllable electronic record, and controllable payment intangible

A security interest in a controllable account, controllable electronic record, or controllable payment intangible held by a secured party having control of the account, electronic record, or payment intangible has priority over a conflicting security interest held by a secured party that does not have control.

SDCL 57A-9-326.1

SL 2024, ch 198, §69.
Added by S.L. 2024, ch. 198,s. 69, eff. 7/1/2024.