South Dakota Statutes

§ 57A-3-301 — Person entitled to enforce instrument.

South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A NEGOTIABLE INSTRUMENTS
"Person entitled to enforce" an instrument means (i) the holder of the instrument, (ii) a nonholder in possession of the instrument who has the rights of a holder, or (iii) a person not in possession of the instrument who is entitled to enforce the instrument pursuant to § 57A-3-309 or 57A-3-418(d). A person may be a person entitled to enforce the instrument even though the person is not the owner of the instrument or is in wrongful possession of the instrument.

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Related

U.S. Bank National Ass'n v. Scott
2003 SD 149 (South Dakota Supreme Court, 2003)
10 case citations
Ocwen Loan Servicing, LLC v. Elliott
2014 SD 52 (South Dakota Supreme Court, 2014)

Legislative History

SL 1994, ch 367, § 3-301.

Nearby Sections

15
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