47-9A-6. Encumbrance taken for security exempt.The restrictions provided in §§47-9A-1 and 47-9A-3 do not apply to a bona fide encumbrance taken for purposes of security. Source: SL 1974, ch 294, §4 (1); SL 2004, ch 277, §4.
South Dakota Legal Code
47-9A-6. Encumbrance taken for security exempt.The restrictions provided in §§47-9A-1 and 47-9A-3 do not apply to a bona fide encumbrance taken for purposes of security. Source: SL 1974, ch 294, §4 (1); SL 2004, ch 277, §4.