South Dakota Statutes
§ 57A-3A-102 — Instruments to be marked consumer paper--Holder not holder in due course.
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-3A CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY
If any contract for sale or lease of consumer goods or services on credit, entered into between a retail seller and a retail buyer, requires or involves the execution of a promissory note, instrument or other evidence of indebtedness, hereinafter called instrument, such instrument shall have printed conspicuously on the face thereof the words "consumer paper," and a holder of such instrument shall not be deemed a holder in due course.
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South Dakota § 57A-3A-102 (Instruments to be marked consumer paper--Holder not holder in due course.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1973, ch 295, § 2; SDCL Supp, § 57-10A-2.
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
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