South Dakota Codified Laws
Title 57A - Uniform Commercial Code
Chapter 04 - Bank Deposits And Collections

Section 57A-4-101 - Short title. - 57A-4-101. Short title. This chapter may be cited as Uniform...

Section 57A-4-102 - Applicability. - 57A-4-102. Applicability. (a) To the extent that items within this...

Section 57A-4-103 - Variation by agreement--Measure of damages--Certain action constituting ordinary care. - 57A-4-103. Variation by agreement--Measure of damages--Certain action constituting ordinary care....

Section 57A-4-104 - Definitions and index of definitions. - 57A-4-104. Definitions and index of definitions. (a) In this chapter,...

Section 57A-4-105 - "Bank"--"Collecting bank"--"Depositary bank"--"Intermediary bank"--"Payor bank"--"Presenting bank". - 57A-4-105."Bank"--"Collecting bank"--"Depositary bank"--"Intermediary bank"--"Payor bank"--"Presenting bank". In this chapter: (1)"Bank"...

Section 57A-4-106 - Payable through or payable at bank--Collecting bank. - 57A-4-106. Payable through or payable at bank--Collecting bank. (a) If...

Section 57A-4-107 - Separate office of a bank. - 57A-4-107. Separate office of a bank. A branch or separate...

Section 57A-4-108 - Time of receipt of items. - 57A-4-108.Time of receipt of items. (a) For the purpose of...

Section 57A-4-109 - Delays. - 57A-4-109. Delays. (a) Unless otherwise instructed, a collecting bank in...

Section 57A-4-110 - Electronic presentment. - 57A-4-110. Electronic presentment. (a) "Agreement for electronic presentment" means an...

Section 57A-4-111 - Statute of limitations. - 57A-4-111. Statute of limitations. An action to enforce an obligation,...

Section 57A-4-201 - Status of collecting bank as agent and provisional status of credits--Applicability of chapter--Item indorsed "pay any bank". - 57A-4-201. Status of collecting bank as agent and provisional status...

Section 57A-4-202 - Responsibility for collection or return--When action timely. - 57A-4-202. Responsibility for collection or return--When action timely. (a) A...

Section 57A-4-203 - Effect of instructions. - 57A-4-203. Effect of instructions. Subject to chapter 57A-3 concerning conversion...

Section 57A-4-204 - Methods of sending and presenting--Sending directly to payor bank. - 57A-4-204. Methods of sending and presenting--Sending directly to payor bank....

Section 57A-4-205 - Depositary bank holder of unendorsed item. - 57A-4-205. Depositary bank holder of unendorsed item. If a customer...

Section 57A-4-206 - Transfer between banks. - 57A-4-206. Transfer between banks. Any agreed method that identifies the...

Section 57A-4-207 - Transfer warranties. - 57A-4-207. Transfer warranties. (a) A customer or collecting bank that...

Section 57A-4-208 - Presentment warranties. - 57A-4-208. Presentment warranties. (a) If an unaccepted draft is presented...

Section 57A-4-209 - Encoding and retention warranties. - 57A-4-209. Encoding and retention warranties. (a) A person who encodes...

Section 57A-4-210 - Security interest of collecting bank in items, accompanying documents, and proceeds. - 57A-4-210. Security interest of collecting bank in items, accompanying documents,...

Section 57A-4-211 - When bank gives value for purposes of holder in due course. - 57A-4-211. When bank gives value for purposes of holder in...

Section 57A-4-212 - Presentment by notice of item not payable by, through, or at a bank--Liability of drawer or indorser. - 57A-4-212. Presentment by notice of item not payable by, through,...

Section 57A-4-213 - Medium and time of settlement by bank. - 57A-4-213. Medium and time of settlement by bank. (a) With...

Section 57A-4-214 - Right of charge-back or refund; Liability of collecting bank; Return of item. - 57A-4-214. Right of charge-back or refund; Liability of collecting bank;...

Section 57A-4-215 - Final payment of item by payor bank--When provisional debits and credits become final--When certain credits become available for withdrawal. - 57A-4-215. Final payment of item by payor bank--When provisional debits...

Section 57A-4-216 - Insolvency and preference. - 57A-4-216. Insolvency and preference. (a) If an item is in...

Section 57A-4-301 - Deferred posting--Recovery of payment by return of items--Time of dishonor--Return of items by payor bank. - 57A-4-301. Deferred posting--Recovery of payment by return of items--Time of...

Section 57A-4-302 - Payor bank's responsibility for late return of item. - 57A-4-302. Payor bank's responsibility for late return of item. (a)...

Section 57A-4-303 - When items subject to notice, stop-payment order, legal process, or setoff--Order in which items may be charged or certified. - 57A-4-303. When items subject to notice, stop-payment order, legal process,...

Section 57A-4-401 - When bank may charge customer's account. - 57A-4-401. When bank may charge customer's account. (a) A bank...

Section 57A-4-402 - Bank's liability to customer for wrongful dishonor--Time of determining insufficiency of account. - 57A-4-402. Bank's liability to customer for wrongful dishonor--Time of determining...

Section 57A-4-403 - Customer's right to stop payment--Burden of proof of loss. - 57A-4-403. Customer's right to stop payment--Burden of proof of loss....

Section 57A-4-404 - Bank not obligated to pay check more than six months old. - 57A-4-404. Bank not obligated to pay check more than six...

Section 57A-4-405 - Death or incompetence of customer. - 57A-4-405. Death or incompetence of customer. (a) A payor or...

Section 57A-4-406 - Customer's duty to discover and report unauthorized signature or alteration. - 57A-4-406. Customer's duty to discover and report unauthorized signature or...

Section 57A-4-407 - Payor bank's right to subrogation on improper payment. - 57A-4-407. Payor bank's right to subrogation on improper payment. If...

Section 57A-4-501 - Handling of documentary drafts; Duty to send for presentment and to notify customer of dishonor. - 57A-4-501. Handling of documentary drafts; Duty to send for presentment...

Section 57A-4-502 - Presentment of "on arrival" drafts. - 57A-4-502. Presentment of "on arrival" drafts. If a draft or...

Section 57A-4-503 - Responsibility of presenting bank for documents and goods--Report of reasons for dishonor--Referee in case of need. - 57A-4-503. Responsibility of presenting bank for documents and goods--Report of...

Section 57A-4-504 - Privilege of presenting bank to deal with goods--Security interest for expenses. - 57A-4-504. Privilege of presenting bank to deal with goods--Security interest...