South Dakota Statutes
§ 57A-3A-107 — Holder as holder in due course after notice given and complaint or defense not asserted.
South Dakota·Title 57A UNIFORM COMMERCIAL CODE·Ch. 57A-3A CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY
The holder of an instrument, defined as "consumer paper" by § 57A-3A-102 may be deemed a holder in due course if the assignee gives written notice to the retail buyer as provided in § 57A-3A-106 , and the assignee receives no written notification from the retail buyer of a complaint or defense as provided in § 57A-3A-106 .
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South Dakota § 57A-3A-107 (Holder as holder in due course after notice given and complaint or defense not asserted.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1973, ch 295, § 4; SDCL Supp, § 57-10A-7.
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.