HB 1111·SD·house
modify the requirements for obtaining an agricultural processor's lien.
Signed into LawFiled Jan 22, 2026
Sponsor: Greenfield
Latest Action
Signed by the Governor on 2026-03-04
Mar 4, 2026
Summary
It revises South Dakota’s lien statutes so that processors who own or lease farm equipment must file detailed written accounts and a financing statement within 30 days after processing. The changes give the lien priority over other claims, require notice to buyers if the product is sold before the lien is perfected, and set a short window for enforcing the lien.
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