South Dakota Statutes
§ 57A-3A-107 — Holder as holder in due course after notice given and complaint or defense not asserted.
South Dakota § 57A-3A-107
JurisdictionSouth Dakota
Title 57AUNIFORM COMMERCIAL CODE
Ch. 57A-3ACONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY
This text of South Dakota § 57A-3A-107 (Holder as holder in due course after notice given and complaint or defense not asserted.) 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-3A-107 (2026).
Text
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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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.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 57A-3A-107, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/57A-3A-107.