South Dakota Statutes
§ 57A-3A-104 — Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void.
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-3A CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY
Notwithstanding the absence of such notice on an instrument arising out of a consumer credit sale or consumer lease as described in this chapter, an assignee of the rights of the seller or lessor shall not be deemed a holder in due course. Any agreement to the contrary shall be of no force or effect in limiting the rights of a retail buyer under this chapter.
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South Dakota § 57A-3A-104 (Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1973, ch 295, § 3; SDCL Supp, § 57-10A-4.
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.