South Dakota § 57A-3A-107 - Holder as holder in due course after notice given and complaint or defense not asserted.
Full text of South Dakota South Dakota Codified Laws § 57A-3A-107 — Holder as holder in due course after notice given and complaint or defense not asserted., with citation guidance and answers to common questions.
§ 57A-3A-107. Holder as holder in due course after notice given and complaint or defense not asserted.
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.
Source: SL 1973, ch 295, § 4; SDCL Supp, § 57-10A-7.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 57A-3A-107
What does South Dakota Codified Laws § 57A-3A-107 cover?
Section 57A-3A-107 ("Holder as holder in due course after notice given and complaint or defense not asserted.") 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 § 57A-3A-107?
A common citation format is "South Dakota Codified Laws § 57A-3A-107" (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 § 57A-3A-107 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.