Chapter 8. Investment Securities
Part 1. Short Title and General Matters
- SDCL 57A-8-101 Short Title
- SDCL 57A-8-102 Definitions
- SDCL 57A-8-103 Rules For Determining Whether Certain Obligations and Interests Are Securities Or Financial Assets
- SDCL 57A-8-104 Acquisition of Security Or Financial Asset Or Interest Therein
- SDCL 57A-8-105 Notice of Adverse Claim
- SDCL 57A-8-106 Control
- SDCL 57A-8-107 Whether Endorsement, Instruction, Or Entitlement Order Is Effective
- SDCL 57A-8-108 Warranties In Direct Holding
- SDCL 57A-8-109 Warranties In Indirect Holding
- SDCL 57A-8-110 Applicability-Choice of Law
- SDCL 57A-8-111 Clearing Corporation Rules
- SDCL 57A-8-112 Creditor's Legal Process
- SDCL 57A-8-113 Statute of Frauds Inapplicable
- SDCL 57A-8-114 Evidentiary Rules Concerning Certificated Securities
- SDCL 57A-8-115 Securities Intermediary and Others Not Liable to Adverse Claimant
- SDCL 57A-8-116 Securities Intermediary As Purchaser For Value
Part 2. Issue and Issuer
- SDCL 57A-8-201 Issuer
- SDCL 57A-8-202 Issuer's Responsibility and Defenses; Notice of Defect Or Defense
- SDCL 57A-8-203 Staleness As Notice of Defect Or Defense
- SDCL 57A-8-204 Effect of Issuer's Restriction On Transfer
- SDCL 57A-8-205 Effect of Unauthorized Signature On Security Certificate
- SDCL 57A-8-206 Completion Or Alteration of Security Certificate
- SDCL 57A-8-207 Rights and Duties of Issuer With Respect to Registered Owners
- SDCL 57A-8-208 Effect of Signature of Authenticating Trustee, Registrar, Or Transfer Agent
- SDCL 57A-8-209 Issuer's Lien
- SDCL 57A-8-210 Overissue
Part 3. Transfer of Certificated and Uncertificated Securities
- SDCL 57A-8-301 Delivery
- SDCL 57A-8-302 Rights of Purchaser
- SDCL 57A-8-303 Protected Purchaser
- SDCL 57A-8-304 Indorsement
- SDCL 57A-8-305 Instruction
- SDCL 57A-8-306 Effect of Guaranteeing Signature, Indorsement, Or Instruction
- SDCL 57A-8-307 Purchaser's Right to Requisites For Registration of Transfer
- SDCL 57A-8-308 to 57A-8-321 [Repealed]
Part 4. Registration
- SDCL 57A-8-401 Duty of Issuer to Register Transfer
- SDCL 57A-8-402 Assurance that Indorsement Or Instruction Is Effective
- SDCL 57A-8-403 Demand that Issuer Not Register Transfer
- SDCL 57A-8-404 Wrongful Registration
- SDCL 57A-8-405 Replacement of Lost, Destroyed, Or Wrongfully Taken Security Certificate
- SDCL 57A-8-406 Obligation to Notify Issuer of Lost, Destroyed, Or Wrongfully Taken Security Certificate
- SDCL 57A-8-407 Authenticating Trustee, Transfer Agent, and Registrar
- SDCL 57A-8-408 [Repealed]
Part 5. Security Entitlements
- SDCL 57A-8-501 Securities Account; Acquisition of Security Entitlement From Securities Intermediary
- SDCL 57A-8-502 Assertion of Adverse Claim Against Entitlement Holder
- SDCL 57A-8-503 Property Interest of Entitlement Holder In Financial Asset Held By Securities Intermediary
- SDCL 57A-8-504 Duty of Securities Intermediary to Maintain Financial Asset
- SDCL 57A-8-505 Duty of Securities Intermediary With Respect to Payments and Distributions
- SDCL 57A-8-506 Duty of Securities Intermediary to Exercise Rights As Directed By Entitlement Holder
- SDCL 57A-8-507 Duty of Securities Intermediary to Comply With Entitlement Order
- SDCL 57A-8-508 Duty of Securities Intermediary to Change Entitlement Holder's Position to Other Form of Security Holding
- SDCL 57A-8-509 Specification of Duties of Securities Intermediary By Other Statute Or Regulation; Manner of Performance of Duties of Securities Intermediary and Exercise of Rights of Entitlement Holder
- SDCL 57A-8-510 Rights of Purchaser of Security Entitlement From Entitlement Holder
- SDCL 57A-8-511 Priority Among Security Interests and Entitlement Holders
Part 6. Transition Provisions For Revised Article 8 and Conforming Amendments to Articles 1, 3, 4, 5, 9, and 10