{"data":{"id":"us-sd/sdcl-51a-12-16","jurisdiction":"us-sd","citation":"SDCL § 51A-12-16","heading":"Security interests authorized.","body":"A credit agreement, or any agreement executed in connection therewith, may provide for the creation of a security interest in any personal or real property, including any goods under such agreement, to secure payment of a debtor's outstanding indebtedness under such agreement.\nSource: SL 1983, ch 359, § 1; SDCL, § 51-24-17.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-12. BANK LOANS"],"source_url":"https://sdlegislature.gov/Statutes/51A-12-16","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"41b94fa0b691c031005316a1ffc19166143a5bdec07161b8bd3e650699b455ee","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-12-15","next":"us-sd/sdcl-51a-12-17"},"notice":"GroundRules: Original legal text. Not legal advice."}