South Dakota Codified Laws
Title 57A - Uniform Commercial Code
Chapter 04A - Funds Transfers

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

Section 57A-4A-102 - Subject matter. - 57A-4A-102. Subject matter. Except as otherwise provided in §57A-4A-108, this...

Section 57A-4A-103 - Payment order--Definitions. - 57A-4A-103. Payment order--Definitions. (a)In this chapter: (1)"Beneficiary" means the person...

Section 57A-4A-104 - Funds transfer--Definitions. - 57A-4A-104. Funds transfer--Definitions. In this chapter: (a)"Funds transfer" means the...

Section 57A-4A-105 - Other definitions. - 57A-4A-105. Other definitions. (a) In this chapter: (1)"Authorized account" means...

Section 57A-4A-106 - Time payment order is received. - 57A-4A-106. Time payment order is received. (a) The time of...

Section 57A-4A-107 - Federal reserve regulations and operating circulars. - 57A-4A-107. Federal reserve regulations and operating circulars. Regulations of the...

Section 57A-4A-108 - Exclusion of consumer transactions governed by federal law. - 57A-4A-108.Exclusion of consumer transactions governed by federal law. (a) Except...

Section 57A-4A-201 - Security procedure. - 57A-4A-201. Security procedure. "Security procedure" means a procedure established by...

Section 57A-4A-202 - Authorized and verified payment orders. - 57A-4A-202. Authorized and verified payment orders. (a) A payment order...

Section 57A-4A-203 - Unenforceability of certain verified payment orders. - 57A-4A-203. Unenforceability of certain verified payment orders. (a)If an accepted...

Section 57A-4A-204 - Refund of payment and duty of customer to report with respect to unauthorized payment order. - 57A-4A-204. Refund of payment and duty of customer to report...

Section 57A-4A-205 - Erroneous payment orders. - 57A-4A-205. Erroneous payment orders. (a)If an accepted payment order was...

Section 57A-4A-206 - Transmission of payment order through funds-transfer or other communication system. - 57A-4A-206. Transmission of payment order through funds-transfer or other communication...

Section 57A-4A-207 - Misdescription of beneficiary. - 57A-4A-207. Misdescription of beneficiary. (a)Subject to subsection (b), if, in...

Section 57A-4A-208 - Misdescription of intermediary bank or beneficiary's bank. - 57A-4A-208. Misdescription of intermediary bank or beneficiary's bank. (a) This...

Section 57A-4A-209 - Acceptance of payment order. - 57A-4A-209. Acceptance of payment order. (a) Subject to subsection (d),...

Section 57A-4A-210 - Rejection of payment order. - 57A-4A-210. Rejection of payment order. (a) A payment order is...

Section 57A-4A-211 - Cancellation and amendment of payment order. - 57A-4A-211. Cancellation and amendment of payment order. (a) A communication...

Section 57A-4A-212 - Liability and duty of receiving bank regarding unaccepted payment order. - 57A-4A-212. Liability and duty of receiving bank regarding unaccepted payment...

Section 57A-4A-301 - Execution and execution date. - 57A-4A-301. Execution and execution date. (a) A payment order is...

Section 57A-4A-302 - Obligation of receiving bank in execution of payment order. - 57A-4A-302. Obligation of receiving bank in execution of payment order....

Section 57A-4A-303 - Erroneous execution of payment order. - 57A-4A-303. Erroneous execution of payment order. (a) A receiving bank...

Section 57A-4A-305 - Liability for late or improper execution or failure to execute payment order. - 57A-4A-305. Liability for late or improper execution or failure to...

Section 57A-4A-401 - Payment date. - 57A-4A-401. Payment date. "Payment date" of a payment order means...

Section 57A-4A-402 - Obligation of sender to pay receiving bank. - 57A-4A-402. Obligation of sender to pay receiving bank. (a) This...

Section 57A-4A-403 - Payment by sender to receiving bank. - 57A-4A-403. Payment by sender to receiving bank. (a) Payment of...

Section 57A-4A-404 - Obligation of beneficiary's bank to pay and give notice to beneficiary. - 57A-4A-404. Obligation of beneficiary's bank to pay and give notice...

Section 57A-4A-405 - Payment by beneficiary's bank to beneficiary. - 57A-4A-405. Payment by beneficiary's bank to beneficiary. (a) If the...

Section 57A-4A-406 - Payment by originator to beneficiary--Discharge of underlying obligation. - 57A-4A-406. Payment by originator to beneficiary--Discharge of underlying obligation. (a)...

Section 57A-4A-501 - Variation by agreement and effect of funds-transfer system rule. - 57A-4A-501. Variation by agreement and effect of funds-transfer system rule....

Section 57A-4A-502 - Creditor process served on receiving bank--Setoff by beneficiary's bank. - 57A-4A-502. Creditor process served on receiving bank--Setoff by beneficiary's bank....

Section 57A-4A-503 - Injunction or restraining order with respect to funds transfer. - 57A-4A-503. Injunction or restraining order with respect to funds transfer....

Section 57A-4A-504 - Order in which items and payment orders may be charged to account--Order of withdrawals from account. - 57A-4A-504. Order in which items and payment orders may be...

Section 57A-4A-505 - Preclusion of objection to debit of customer's account. - 57A-4A-505. Preclusion of objection to debit of customer's account. If...

Section 57A-4A-506 - Rate of interest. - 57A-4A-506. Rate of interest. (a) If, under this chapter, a...

Section 57A-4A-507 - Choice of law. - 57A-4A-507. Choice of law. (a) The following rules apply unless...