{"data":{"id":"us-sd/sdcl-57a-3a-107","jurisdiction":"us-sd","citation":"SDCL § 57A-3A-107","heading":"Holder as holder in due course after notice given and complaint or defense not asserted.","body":"The holder of an instrument, defined as \"consumer paper\" by § 57A-3A-102 may be deemed a holder in due course if the assignee gives written notice to the retail buyer as provided in § 57A-3A-106, and the assignee receives no written notification from the retail buyer of a complaint or defense as provided in § 57A-3A-106.\nSource: SL 1973, ch 295, § 4; SDCL Supp, § 57-10A-7.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-3A. CONSUMER PAPER--LIMITATIONS ON NEGOTIABILITY"],"source_url":"https://sdlegislature.gov/Statutes/57A-3A-107","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"fea9cc8f9205cb326f3644a21ab1db6d148f5aae24efdf825c5e7f05376086dc","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-3a-106","next":"us-sd/sdcl-57a-4-101"},"notice":"GroundRules: Original legal text. Not legal advice."}