{"data":{"id":"us-sd/sdcl-57a-4-108","jurisdiction":"us-sd","citation":"SDCL § 57A-4-108","heading":"Time of receipt of items.","body":"(a) For the purpose of allowing time to process items, prove balances, and make the necessary entries on its books to determine its position for the day, a bank may fix an afternoon hour of two p.m. or later as a cutoff hour for the handling of money and items and the making of entries on its books.\n(b) An item or deposit of money received on any day after a cutoff hour so fixed or after the close of the banking day may be treated as being received at the opening of the next banking day.\nSource: SL 1994, ch 368, § 4-108.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-4. BANK DEPOSITS AND COLLECTIONS"],"source_url":"https://sdlegislature.gov/Statutes/57A-4-108","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"419cd2320e7fa2f2a9de8918eba36b228c9d007b0dd5737803e492ba7c05a06b","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-4-107","next":"us-sd/sdcl-57a-4-109"},"notice":"GroundRules: Original legal text. Not legal advice."}