South Dakota Statutes
§ 57A-3-601 — Discharge and effect of discharge.
South Dakota § 57A-3-601
This text of South Dakota § 57A-3-601 (Discharge and effect of discharge.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 57A-3-601 (2026).
Text
(a)The obligation of a party to pay the instrument is discharged as stated in this article or by an act or agreement with the party which would discharge an obligation to pay money under a simple contract.
(b)Discharge of the obligation of a party is not effective against a person acquiring rights of a holder in due course of the instrument without notice of the discharge.
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Related
First Dakota National Bank v. Maxon
534 N.W.2d 37 (South Dakota Supreme Court, 1995)
Legislative History
SL 1994, ch 367, § 3-601.
Nearby Sections
15
§ 57A-1-101
Short title.§ 57A-1-102
Scope of chapter.§ 57A-1-104
Construction against implied repeal.§ 57A-1-105
Severability.§ 57A-1-106
Use of singular and plural--Gender.§ 57A-1-107
Section captions.§ 57A-1-201
General definitions.§ 57A-1-202
Notice--Knowledge.§ 57A-1-203
Lease distinguished from security interest.§ 57A-1-204
Value.§ 57A-1-205
Reasonable time--Seasonableness.§ 57A-1-206
Presumptions.§ 57A-1-207
Central bank digital currency.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 57A-3-601, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/57A-3-601.