Statutes > South Dakota Statutes > Title 54 - DEBTOR AND CREDITOR > Chapter 10 - Secured Creditors' Claims In Liquidation Proceedings > Section 54-10-12 - Application of chapter to existing transactions.

Section 54-10-12 - Application of chapter to existing transactions.

54-10-12. Application of chapter to existing transactions. This chapter shall not apply to contracts and transactions already existing on July 1, 1941.

Source: SL 1941, ch 162, § 12; SDC Supp 1960, § 37.26A10.