South Dakota Statutes
§ 57A-8-303 — Protected purchaser.
South Dakota § 57A-8-303
This text of South Dakota § 57A-8-303 (Protected purchaser.) 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-8-303 (2026).
Text
(a)"Protected purchaser" means a purchaser of a certificated or uncertificated security, or of an interest therein, who:
(1)Gives value;
(2)Does not have notice of any adverse claim to the security; and (3) Obtains control of the certificated or uncertificated security.
(b)A protected purchaser also acquires its interest in the security free of any adverse claim.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
SL 1998, ch 284, § 1; SL 2024, ch 198, § 42.
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-8-303, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/57A-8-303.