GroundRules
SDCL § 57A-3A-105: Assignee's liability restricted to amount owed--Defense or setoff.
Where this section sits in the code
- TITLE 57A. UNIFORM COMMERCIAL CODE
- CHAPTER 57A-3A. CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY
The assignee's liability under this part may not exceed the amount owing to the assignee at the time the defense is asserted against the assignee, and the rights of the retail buyer can only be asserted as a matter of defense to or setoff against a claim by the assignee.
Source: SL 1973, ch 295, § 3; SDCL Supp, § 57-10A-5.
Collected 2026-09-03T15:18:57Z. Source file · JSON