{"data":{"id":"us-sd/sdcl-57a-4-105","jurisdiction":"us-sd","citation":"SDCL § 57A-4-105","heading":"\"Bank\"--\"Collecting bank\"--\"Depositary bank\"--\"Intermediary bank\"--\"Payor bank\"--\"Presenting bank\".","body":"In this chapter:\n(1) \"Bank\" means a person engaged in the business of banking, including a savings bank, savings and loan association, credit union, or trust company;\n(2) \"Collecting bank\" means a bank handling an item for collection except the payor bank;\n(3) \"Depositary bank\" means the first bank to take an item even though it is also the payor bank, unless the item is presented for immediate payment over the counter;\n(4) \"Intermediary bank\" means a bank to which an item is transferred in course of collection except the depositary or payor bank;\n(5) \"Payor bank\" means a bank that is the drawee of a draft;\n(6) \"Presenting bank\" means a bank presenting an item except a payor bank.\nSource: SL 1994, ch 368, § 4-105.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-4. BANK DEPOSITS AND COLLECTIONS"],"source_url":"https://sdlegislature.gov/Statutes/57A-4-105","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"3236578b3652deb338c0f5fc735e1b6432b36cd06c0bd91e181f1d52093f2190","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-4-104","next":"us-sd/sdcl-57a-4-106"},"notice":"GroundRules: Original legal text. Not legal advice."}