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2020 South Dakota Codified Laws
Title 59 - Agency
Chapter 04 - Agent S Duty To Principal
Section 59-4-2 - Collecting agent.
Universal Citation:
SD Codified L § 59-4-2 (2020)
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59-4-2. Collecting agent.
An agent employed to collect a negotiable instrument must collect it promptly and take all measures necessary to charge the parties thereto in case of its dishonor and must present it for collection or acceptance with reasonable diligence.
Source: CivC 1877, §1166; CL 1887, §3789; RCivC 1903, §1485; RC 1919, §1242; SDC 1939, §3.0215.
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