{"data":{"id":"us-sd/sdcl-57a-4-504","jurisdiction":"us-sd","citation":"SDCL § 57A-4-504","heading":"Privilege of presenting bank to deal with goods--Security interest for expenses.","body":"(a) A presenting bank that, following the dishonor of a documentary draft, has seasonably requested instructions but does not receive them within a reasonable time may store, sell, or otherwise deal with the goods in any reasonable manner.\n(b) For its reasonable expenses incurred by action under subsection (a), the presenting bank has a lien upon the goods or their proceeds, which may be foreclosed in the same manner as an unpaid seller's lien.\nSource: SL 1994, ch 368, § 4-504.","path":["TITLE 57A. UNIFORM COMMERCIAL CODE","CHAPTER 57A-4. BANK DEPOSITS AND COLLECTIONS"],"source_url":"https://sdlegislature.gov/Statutes/57A-4-504","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"24e0d569321806fca277b00c53a5f87da0b93ed2963b074f83a9d9f913d48e8f","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-57a-4-503","next":"us-sd/sdcl-57a-4a-101"},"notice":"GroundRules: Original legal text. Not legal advice."}