A person has control of a transferable record if a system employed for evidencing the transfer of interests in the transferable record reliably establishes that person as the person to which the transferable record was issued or transferred. Source: SL 2000, ch 225 , § 41.
Person having control of transferable record
SDCL § 53-12-41 — under ELECTRONIC TRANSACTIONS.
SDCL § 53-12-41