South Dakota Codified Laws 46A-1-46. Negotiability of bonds
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The coupon bonds shall be fully negotiable within the meaning of the Uniform Commercial Code, Title 57A of South Dakota Codified Laws.
Terms Used In South Dakota Codified Laws 46A-1-46
- Uniform Commercial Code: A set of statutes enacted by the various states to provide consistency among the states' commercial laws. It includes negotiable instruments, sales, stock transfers, trust and warehouse receipts, and bills of lading. Source: OCC
Source: SL 1972, ch 241, § 45; SDCL Supp, § 46-17A-44.