South Dakota 04 — Bank Deposits And Collections
- 57A-4-101 — Short title.
- 57A-4-102 — Applicability.
- 57A-4-103 — Variation by agreement--Measure of damages--Certain action constituting ordinarycare.
- 57A-4-104 — Definitions and index of definitions.
- 57A-4-105 — "Bank"--"Collecting bank"--"Depositary bank"--"Intermediary bank"--"Payor bank"--"Presenting bank".
- 57A-4-106 — Payable through or payable at bank--Collecting bank.
- 57A-4-107 — Separate office of a bank.
- 57A-4-108 — Time of receipt of items.
- 57A-4-109 — Delays.
- 57A-4-110 — Electronic presentment.
- 57A-4-111 — Statute of limitations.PART 2. COLLECTION OF ITEMS: DEPOSITARY AND COLLECTING BANKS.
- 57A-4-201 — Status of collecting bank as agent and provisional status of credits--Applicability ofchapter--Item indorsed "pay any bank".
- 57A-4-202 — Responsibility for collection or return--When action timely.
- 57A-4-203 — Effect of instructions.
- 57A-4-204 — Methods of sending and presenting--Sending directly to payor bank.
- 57A-4-205 — Depositary bank holder of unendorsed item.
- 57A-4-206 — Transfer between banks.
- 57A-4-207 — Transfer warranties.
- 57A-4-208 — Presentment warranties.
- 57A-4-209 — Encoding and retention warranties.
- 57A-4-210 — Security interest of collecting bank in items, accompanying documents and proceeds.
- 57A-4-211 — When bank gives value for purposes of holder in due course.
- 57A-4-212 — Presentment by notice of item not payable by, through, or at a bank--Liability ofdrawer or indorser.
- 57A-4-213 — Medium and time of settlement by bank.
- 57A-4-214 — Right of charge-back or refund; Liability of collecting bank; Return of item.
- 57A-4-215 — Final payment of item by payor bank--When provisional debits and credits becomefinal--When certain credits become available for withdrawal.
- 57A-4-216 — Insolvency and preference.PART 3. COLLECTION OF ITEMS: PAYOR BANKS.
- 57A-4-301 — Deferred posting--Recovery of payment by return of items--Time of dishonor--Returnof items by payor bank.
- 57A-4-302 — Payor bank's responsibility for late return of item.
- 57A-4-303 — When items subject to notice, stop-payment order, legal process, or setoff--Order inwhich items may be charged or certified.PART 4. RELATIONSHIP BETWEEN PAYOR BANK AND ITS CUSTOMER.
- 57A-4-401 — When bank may charge customer's account.
- 57A-4-402 — Bank's liability to customer for wrongful dishonor--Time of determininginsufficiency of account.
- 57A-4-403 — Customer's right to stop payment--Burden of proof of loss.
- 57A-4-404 — Bank not obligated to pay check more than six months old.
- 57A-4-405 — Death or incompetence of customer.
- 57A-4-406 — Customer's duty to discover and report unauthorized signature or alteration.
- 57A-4-407 — Payor bank's right to subrogation on improper payment.PART 5. COLLECTION OF DOCUMENTARY DRAFTS.
- 57A-4-501 — Handling of documentary drafts; Duty to send for presentment and to notify customerof dishonor.
- 57A-4-502 — Presentment of "on arrival" drafts.
- 57A-4-503 — Responsibility of presenting bank for documents and goods--Report of reasons fordishonor--Referee in case of need.
- 57A-4-504 — Privilege of presenting bank to deal with goods--Security interest for expenses.