South Dakota Statutes

§ 57A-4A-401 — Payment date.

South Dakota § 57A-4A-401
JurisdictionSouth Dakota
Title 57AUNIFORM COMMERCIAL CODE
Ch. 57A-4FUNDS TRANSFERS

This text of South Dakota § 57A-4A-401 (Payment date.) 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-4A-401 (2026).

Text

"Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank.

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Legislative History

SL 1991, ch 397, § 1.

Nearby Sections

15
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Bluebook (online)
South Dakota § 57A-4A-401, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/57A-4A-401.