Final judgment required before liability asserted

SDCL § 21-57-2 — under RECOVERY OF DAMAGES FOR INSTRUMENTS NOT PAID UPON PRESENTMENT.

SDCL § 21-57-2

No holder or assignee for collection may assert that any maker, drawer, or issuer has any liability pursuant to § 21-57-1 unless such liability has been determined by entry of a final judgment by a court of competent jurisdiction. Source: SL 1999, ch 112 , § 2.