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

SDCL § 57A-3A-104: Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void.

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Where this section sits in the code
  1. TITLE 57A. UNIFORM COMMERCIAL CODE
  2. CHAPTER 57A-3A. CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY

Notwithstanding the absence of such notice on an instrument arising out of a consumer credit sale or consumer lease as described in this chapter, an assignee of the rights of the seller or lessor shall not be deemed a holder in due course. Any agreement to the contrary shall be of no force or effect in limiting the rights of a retail buyer under this chapter.

Source: SL 1973, ch 295, § 3; SDCL Supp, § 57-10A-4.

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

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