South Dakota § 21-57-5 Notice of dishonor--Information required.

South Dakota Statutes

§ 21-57-5 — Notice of dishonor--Information required.

South Dakota·Title 21 JUDICIAL REMEDIES·Ch. 21-57 RECOVERY OF DAMAGES FOR INSTRUMENTS NOT PAID UPON PRESENTMENT

The notice given pursuant to § 21-57-4 shall include the following information regarding the unpaid check, draft, or order:

(1)The date the check, draft, or order was issued;

(2)The name of the bank, depository, person, firm, or corporation on which it was drawn;

(3)The name of the payee;

(4)The face amount;

(5)A statement of total amount claimed, which shall be itemized and may not exceed the amount permitted pursuant to 21-57-1 ;

(6)A statement that the maker has thirty days from the date notice was given to make payment in full of the total amount claimed; and (7) A statement that, if the total amount is not paid within thirty days after the date notice was given, the maker is liable in a civil action for three times the face amount of the check but not less t

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The notice given pursuant to § 21-57-4 shall include the following information regarding the unpaid check, draft, or order: (1) The date the check, draft, or order was issued; (2) The name of the bank, depository, person, firm, or corporation on which it was drawn; (3) The name of the payee; (4) The face amount; (5) A statement of total amount claimed, which shall be itemized and may not exceed the amount permitted pursuant to 21-57-1 ; (6) A statement that the maker has thirty days from the date notice was given to make payment in full of the total amount claimed; and (7) A statement that, if the total amount is not paid within thirty days after the date notice was given, the maker is liable in a civil action for three times the face amount of the check but not less than one hundred dollars nor greater than two hundred dollars and that, in such civil action, the court may award court costs to the payee, holder, or assignee for collection.

South Dakota § 21-57-5 (Notice of dishonor--Information required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.