South Dakota § 57A-9-623 - Persons who may redeem collateral--Procedure.
Full text of South Dakota South Dakota Codified Laws § 57A-9-623 — Persons who may redeem collateral--Procedure., with citation guidance and answers to common questions.
§ 57A-9-623. Persons who may redeem collateral--Procedure.
(a) A debtor, any secondary obligor, or any other secured party or lienholder may redeem collateral.
(b) To redeem collateral, a person shall tender:
(1) Fulfillment of all obligations secured by the collateral; and
(2) The reasonable expenses and attorney's fees described in § 57A-9-615(a)(1).
(c) A redemption may occur at any time before a secured party:
(1) Has collected collateral under § 57A-9-607;
(2) Has disposed of collateral or entered into a contract for its disposition under § 57A-9-610; or
(3) Has accepted collateral in full or partial satisfaction of the obligation it secures under § 57A-9-622.
Source: SL 2000, ch 231.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 57A-9-623
What does South Dakota Codified Laws § 57A-9-623 cover?
Section 57A-9-623 ("Persons who may redeem collateral--Procedure.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 57A-9-623?
A common citation format is "South Dakota Codified Laws § 57A-9-623" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 57A-9-623 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.