11-11-95. Negotiability of bonds.
59 words·~1 min read·
/sd/title-11/chapter-11-11/11-11-95·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whether or not the bonds are of the form and character as to be negotiable instruments under the terms of the South Dakota Uniform Commercial Code, the bonds are hereby made negotiable instruments within the meaning of and for all the purposes of the South Dakota Uniform Commercial Code, subject only to the provisions of the bonds for registration.