South Dakota § 15-9-23 - Action by assignee subject to setoff or defense--Negotiable instruments excepted.
Full text of South Dakota South Dakota Codified Laws § 15-9-23 — Action by assignee subject to setoff or defense--Negotiable instruments excepted., with citation guidance and answers to common questions.
§ 15-9-23. Action by assignee subject to setoff or defense--Negotiable instruments excepted.
In case of an assignment of a thing in action, the action by the assignee shall be without prejudice to any setoff or other defense existing at the time of, or before notice of the assignment; but this section shall not apply to a negotiable promissory note or bill of exchange, transferred in good faith and upon good consideration before due.
Source: SDC 1939 & Supp 1960, § 33.0404.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 15-9-23
What does South Dakota Codified Laws § 15-9-23 cover?
Section 15-9-23 ("Action by assignee subject to setoff or defense--Negotiable instruments excepted.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Dakota § 15-9-23?
A common citation format is "South Dakota Codified Laws § 15-9-23" (South Dakota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 15-9-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Dakota.