Unless otherwise agreed documents against which a draft is drawn are to be delivered to the drawee on acceptance of the draft if it is payable more than three days after presentment; otherwise, only on payment.
S.D. Codified Laws § 57A-2-514
When documents deliverable on acceptance--When on payment
Known as the Uniform Commercial Code
The act spans §§ 57–57 (574 sections).
Source: SL 1966, ch 150, § 2-514; SDCL, § 57-6-37.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.