Negotiability of bonds.

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11-11-95. Negotiability of bonds.

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.

Source: SL 1973, ch 180, §36; SDCL Supp, §28-19-86; SL 2012, ch 78, §58.


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