{"data":{"id":"us-sd/sdcl-57a-8-603","jurisdiction":"us-sd","citation":"SDCL § 57A-8-603","heading":"Savings clause.","body":"(a) This chapter does not affect an action or proceeding commenced before this chapter takes effect.\n(b) If a security interest in a security is perfected at the date this chapter takes effect, and the action by which the security interest was perfected would suffice to perfect a security interest under this chapter, no further action is required to continue perfection. If a security interest in a security is perfected at the date this chapter takes effect but the action by which the security interest was perfected would not suffice to perfect a security interest under this chapter, the security interest remains perfected for a period of four months after the effective date and continues perfected thereafter if appropriate action to perfect under this chapter is taken within that period. If a security interest is perfected at the date this chapter takes effect and the security interest can be perfected by filing under this chapter, a financing statement signed by the secured party instead of the debtor may be filed within that period to continue perfection or thereafter to perfect.\nSource: SL 1998, ch 284, § 1.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-8. INVESTMENT SECURITIES"],"source_url":"https://sdlegislature.gov/Statutes/57A-8-603","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3292b399ec114bd79af281e42323197b1791e15aed892fc5458a19926595a183","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-8-601","next":"us-sd/sdcl-57a-9-101"},"notice":"GroundRules: Original legal text. Not legal advice."}