South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 57A-3-408: Drawee not liable on unaccepted draft.

Where this section sits in the code

TITLE 57A. UNIFORM COMMERCIAL CODE
CHAPTER 57A-3. NEGOTIABLE INSTRUMENTS

A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.

Source: SL 1994, ch 367, § 3-408.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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