South Dakota Code § 57A-9-803

Security interest perfected before effective date
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(a) A security interest that is a perfected security interest immediately before July 1, 2013 is a perfected security interest under chapter
57A-9
as amended by SL 2012, ch 238 if, on July 1, 2013, the applicable requirements for attachment and perfection under chapter
57A-9
as amended by SL 2012, ch 238 are satisfied without further action.
(b) Except as otherwise provided in §
57A-9-805
, if, immediately before July 1, 2013, a security interest is a perfected security interest, but the applicable requirements for perfection under chapter
57A-9
as amended by SL 2012, ch 238 are not satisfied on July 1, 2013, the security interest remains perfected thereafter only if the applicable requirements for perfection under chapter
57A-9
as amended by SL 2012, ch 238 are satisfied within one year after July 1, 2013.

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