Section 43-41C-1 – Property held by a museum or historical society deemed abandoned.
43-41C-1. Property held by a museum or historical society deemed abandoned. Any property held by a museum or historical society in the state which is held for ten years or more and to which no person has made claim is deemed to be abandoned and becomes the property of the museum or society, if the […]
Section 43-41C-2 – Publication of notice of abandoned property held by a museum or historical society.
43-41C-2. Publication of notice of abandoned property held by a museum or historical society. The museum or society shall publish a notice as a display advertisement entitled “Notice of Abandoned Property Held by a Museum or Historical Society” at least once each week for two successive weeks. The notice shall be published in a legal […]
Section 43-41C-3 – Notice requirements for abandoned property held by a museum or historical society.
43-41C-3. Notice requirements for abandoned property held by a museum or historical society. The published notice required by §43-41C-2 shall contain: (1)The name and last known address, if any, of the last known owner of property; (2)A description of the property; and (3)A statement that if proof of claim is not presented by the owner […]
Section 43-41C-4 – Title to abandoned property vested in museum or historical society.
43-41C-4. Title to abandoned property vested in museum or historical society. If no claim has been made to the property within sixty-five days from the date of the second published notice, title to the property vests in the museum or society, free from all claims of the owner and of all persons claiming through or […]
Section 43-42-1 – Thing in action defined.
43-42-1. Thing in action defined. A thing in action is a right to recover money or other personal property by a judicial proceeding. Source: CivC 1877, §360; CL 1887, §2876; RCivC 1903, §383; RC 1919, §471; SDC 1939, §51.0802.
Section 43-42-2 – Transfer and survivorship–Violation of right of property or obligation.
43-42-2. Transfer and survivorship–Violation of right of property or obligation. A thing in action arising out of the violation of a right of property or out of an obligation may be transferred by the owner. Upon the death of the owner it passes to his personal representatives except where in the cases provided by law […]
Section 43-42-3 – Nonnegotiable contract–Transfer by endorsement.
43-42-3. Nonnegotiable contract–Transfer by endorsement. A nonnegotiable written contract for the payment of money or personal property may be transferred by endorsement in like manner with negotiable instruments. Such endorsement shall transfer all the rights of the assignor under the instrument to the assignee subject to all equities and defenses existing in favor of the […]
Section 43-42-4 – Accounts receivable–Transfer by assignment in good faith.
43-42-4. Accounts receivable–Transfer by assignment in good faith. Every written assignment made in good faith, whether in the nature of a sale, pledge, or other transfer, of an account receivable or of an amount due or to become due on an open account or on a contract (all hereinafter called “account”), with or without the […]
Section 43-42-5 – Debtor unaware of assignment–Acquittance by good faith payment to assignor, creditor, subsequent purchaser, or other assignee or transferee.
43-42-5. Debtor unaware of assignment–Acquittance by good faith payment to assignor, creditor, subsequent purchaser, or other assignee or transferee. In any case where, acting without knowledge of an assignment described by §43-42-4, the debtor in good faith pays all or part of such account to the assignor, or to such creditor, subsequent purchaser, or other […]
Section 43-41B-38 – Rules.
43-41B-38. Rules. The administrator may promulgate rules, pursuant to chapter 1-26, to carry out the provisions of this chapter. Source: SL 1992, ch 312, §37.