There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 57A UNIFORM COMMERCIAL CODE
Chapter 03A. Consumer Paper--Limitations On Negotiability
§57A-3A-104 Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void.
SD Codified L § 57A-3A-104 (through 2012) What's This?
57A-3A-104. Assignee of consumer paper not holder in due course though instrument unmarked--Contrary agreement void. Notwithstanding the absence of such notice on an instrument arising out of a consumer credit sale or consumer lease as described in this chapter, an assignee of the rights of the seller or lessor shall not be deemed a holder in due course. Any agreement to the contrary shall be of no force or effect in limiting the rights of a retail buyer under this chapter.
Source: SL 1973, ch 295, § 3; SDCL Supp, § 57-10A-4.
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