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South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 54-6A-6: Provisions prohibited in agreements.

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Where this section sits in the code
  1. TITLE 54. DEBTOR AND CREDITOR
  2. CHAPTER 54-6A. LEASE-PURCHASE AGREEMENTS FOR PERSONAL PROPERTY

A lease-purchase agreement may not contain:

(1) A confession of judgment;

(2) A negotiable instrument;

(3) A security interest or any other claim of a property interest in any goods except those goods delivered by the lessor pursuant to the lease-purchase agreement;

(4) A wage assignment;

(5) A waiver by the consumer of claims or defenses; or

(6) A provision authorizing the lessor or a person acting on the lessor's behalf to enter upon the consumer's premises or to commit any breach of the peace in the repossession of goods.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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