South Dakota Codified Laws
Chapter 42 - Things In Action
Section 43-42-2 - Transfer and survivorship--Violation of right of property or obligation.

43-42-2. Transfer and survivorship--Violation of right of property or obligation.
A thing in action arising out of the violation of a right of property or out of an obligation may be transferred by the owner. Upon the death of the owner it passes to his personal representatives except where in the cases provided by law it passes to his devisees or successor in office.

Source: CivC 1877, §361; CL 1887, §2877; RCivC 1903, §384; RC 1919, §472; SDC 1939, §51.0803; SL 1945, ch 213.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 43 - Property

Chapter 42 - Things In Action

Section 43-42-1 - Thing in action defined.

Section 43-42-2 - Transfer and survivorship--Violation of right of property or obligation.

Section 43-42-3 - Nonnegotiable contract--Transfer by endorsement.

Section 43-42-4 - Accounts receivable--Transfer by assignment in good faith.

Section 43-42-5 - Debtor unaware of assignment--Acquittance by good faith payment to assignor, creditor, subsequent purchaser, or other assignee or transferee.