South Dakota Statutes

§ 57A-3-111 — Place of payment.

South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A NEGOTIABLE INSTRUMENTS
Except as otherwise provided for items in chapter 57A-4 , an instrument is payable at the place of payment stated in the instrument. If no place of payment is stated, an instrument is payable at the address of the drawee or maker stated in the instrument. If no address is stated, the place of payment is the place of business of the drawee or maker. If a drawee or maker has more than one place of business, the place of payment is any place of business of the drawee or maker chosen by the person entitled to enforce the instrument. If the drawee or maker has no place of business, the place of payment is the residence of the drawee or maker.

Free access — add to your briefcase to read the full text and ask questions with AI

South Dakota § 57A-3-111 (Place of payment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1994, ch 367, § 3-111.

Nearby Sections

15
View on official source ↗