Statutes, codes, and regulations
South Dakota Codified Laws
Title 59 - AGENCY
Chapter 4 - AGENT'S DUTY TO PRINCIPAL
Section 59-4-2 - Collecting agent

S.D. Codified Laws § 59-4-2

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Current through the 2024 Legislative Session
Section 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.

SDCL 59-4-2

CivC 1877, § 1166; CL 1887, § 3789; RCivC 1903, § 1485; RC 1919, § 1242; SDC 1939, § 3.0215.