South Dakota § 20-2-4 Kinds and definition of conditions.

South Dakota Statutes

§ 20-2-4 — Kinds and definition of conditions.

South Dakota § 20-2-4

Title 20PERSONAL RIGHTS AND OBLIGATIONS

Ch. 20-2CONDITIONAL OBLIGATIONS

This text of South Dakota § 20-2-4 (Kinds and definition of conditions.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.D. Codified Laws § 20-2-4 (2026).

Text

Conditions may be precedent, concurrent, or subsequent. A condition precedent is one which is to be performed before some right dependent thereon accrues, or some act dependent thereon is performed. Conditions concurrent are those which are mutually dependent, and are to be performed at the same time. A condition subsequent is one referring to a future event, upon happening of which the obligation becomes no longer binding upon the other party, if he chooses to avail himself of the condition.

Free access — add to your briefcase to read the full text and ask questions with AI

Conditions may be precedent, concurrent, or subsequent. A condition precedent is one which is to be performed before some right dependent thereon accrues, or some act dependent thereon is performed. Conditions concurrent are those which are mutually dependent, and are to be performed at the same time. A condition subsequent is one referring to a future event, upon happening of which the obligation becomes no longer binding upon the other party, if he chooses to avail himself of the condition.