HB1193 updates South Dakota's Uniform Commercial Code by revising the definitions of key business and financial terms used throughout the state's commercial law. The changes clarify and modernize definitions for concepts like "agreement," "bank," "bearer," and "bill of lading" to better reflect current business practices, including references to electronic documents of title alongside traditional paper documents. These definitional updates apply across all chapters of the Commercial Code that rely on these foundational terms.
This bill does not directly amend codified state law.
House of Representatives Delivered veto sustained to the Secretary of State H.J. 548
House of Representatives Veto override Failed, YEAS 30, NAYS 37. H.J. 547
House of Representatives Vetoed by the Governor H.J. 546
Delivered to the Governor H.J. 509
Signed by the President S.J. 447
Signed by the Speaker H.J. 489
Senate Do Pass Passed, YEAS 24, NAYS 9. S.J. 389
Commerce and Energy Do Pass Passed, YEAS 7, NAYS 2. S.J. 43
Commerce and Energy Scheduled for hearing S.J. 1
First read in Senate and referred to Senate Commerce and Energy S.J. 261
House of Representatives Do Pass Passed, YEAS 49, NAYS 17. H.J. 284
House of Representatives Deferred to another day H.J. 277
Judiciary Do Pass Passed, YEAS 7, NAYS 4. H.J. 3
Judiciary Scheduled for hearing
First read in House and referred to House Judiciary H.J. 195
Mike Stevens
Prime sponsor · Rep.
R
Cosponsors
Veto override
Do Pass
Commerce and Energy — Do Pass
Do Pass
Judiciary — Do Pass