{"data":{"id":"us-sd/sdcl-29a-3-1201","jurisdiction":"us-sd","citation":"SDCL § 29A-3-1201","heading":"Collection of personal property by affidavit.","body":"(a) Thirty days after the death of a decedent, any person indebted to the decedent or having possession of tangible personal property or an instrument evidencing a debt, obligation, stock, or chose in action belonging to the decedent shall make payment of the indebtedness or deliver the tangible personal property or an instrument evidencing a debt, obligation, stock, or chose in action to a person claiming to be the successor of the decedent upon being presented an affidavit made by or on behalf of the successor stating that:\n(1) The value of the entire estate, wherever located, less liens and encumbrances, does not exceed $100,000;\n(2) Thirty days have elapsed since the death of the decedent;\n(3) No application or petition for the appointment of a personal representative is pending or has been granted in any jurisdiction;\n(4) The decedent has not incurred any indebtedness to the Department of Social Services for medical assistance for nursing home or other medical institutional care; and\n(5) The claiming successor is entitled to payment or delivery of the property.\n(b) A transfer agent of any security shall change the registered ownership on the books of a corporation from the decedent to the successor or successors upon the presentation of an affidavit as provided in subsection (a).\nSource: SL 1994, ch 232, § 3-1201; SL 1995, ch 167, § 136; SL 1997, ch 172, § 1; SL 2002, ch 100, § 26; SL 2003, ch 157, § 1; SL 2022, ch 88, § 1.","path":["TITLE 29A. UNIFORM PROBATE CODE","CHAPTER 29A-3. PROBATE OF WILLS AND ADMINISTRATION"],"source_url":"https://sdlegislature.gov/Statutes/29A-3-1201","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"8617dab1bc12cbbd3917d3f674e77daab53ab1d9e62d11300f5f7767197dd51e","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-29a-3-1102","next":"us-sd/sdcl-29a-3-1202"},"notice":"GroundRules: Original legal text. Not legal advice."}