{"data":{"id":"us-sd/sdcl-53-12-40","jurisdiction":"us-sd","citation":"SDCL § 53-12-40","heading":"\"Transferable record\" defined.","body":"For purposes of this chapter, the term, transferable record, means an electronic record that:\n(1) Would be a note under Article 3 of the Uniform Commercial Code or a document under Article 7 of the Uniform Commercial Code if the electronic record were in writing; and\n(2) The issuer of the electronic record expressly has agreed is a transferable record.","path":["TITLE 53. CONTRACTS","CHAPTER 53-12. ELECTRONIC TRANSACTIONS"],"source_url":"https://sdlegislature.gov/Statutes/53-12-40","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f451a16d854e4f5447fd261dbe17db8ab35d80b72fe99f8ece19502ac83973d4","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-53-12-39","next":"us-sd/sdcl-53-12-41"},"notice":"GroundRules: Original legal text. Not legal advice."}