44-9A-5. Release of joint check proceeds at peril of supplier.It shall be of no consequence under this chapter if the payment or any part thereof in such joint check is released to the contractor or subcontractor by another payee. Release of such funds is at the peril of the person or corporation furnishing materials, supplies, equipment, and services to the contractor or subcontractor. Source: SL 1971, ch 250, §4.
South Dakota Legal Code