{"data":{"id":"us-sd/sdcl-53-12-42","jurisdiction":"us-sd","citation":"SDCL § 53-12-42","heading":"Requirements for creation, storage, and assignment of transferable record--Authoritative copy.","body":"A system satisfies § 53-12-41, and a person is deemed to have control of a transferable record, if the transferable record is created, stored, and assigned in such a manner that:\n(1) A single authoritative copy of the transferable record exists that is unique, identifiable, and, except as otherwise provided in subdivisions (4), (5), and (6) of this section, unalterable;\n(2) The authoritative copy identifies the person asserting control as:\n(a) The person to which the transferable record was issued; or\n(b) If the authoritative copy indicates that the transferable record has been transferred, the person to which the transferable record was most recently transferred;\n(3) The authoritative copy is communicated to and maintained by the person asserting control or its designated custodian;\n(4) Copies or revisions that add or change an identified assignee of the authoritative copy can be made only with the consent of the person asserting control;\n(5) Each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy that is not the authoritative copy; and\n(6) Any revision of the authoritative copy is readily identifiable as authorized or unauthorized.","path":["TITLE 53. CONTRACTS","CHAPTER 53-12. ELECTRONIC TRANSACTIONS"],"source_url":"https://sdlegislature.gov/Statutes/53-12-42","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"e17c3cb983aaa7019b304c3cc17f619beeaf789f8f6954854e2a0b49ace669f9","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-53-12-41","next":"us-sd/sdcl-53-12-43"},"notice":"GroundRules: Original legal text. Not legal advice."}