South Dakota Statutes

§ 20-5-18 — Interest stopped by offer of performance.

South Dakota·Title 20 PERSONAL RIGHTS AND OBLIGATIONS·Ch. 20-5 OFFER OF PERFORMANCE OF OBLIGATIONS
An offer of payment or other performance, duly made, though the title to the thing offered be not transferred to the creditor, stops the running of interest on the obligation, and has the same effect upon all its incidents as a performance thereof.

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Legislative History

CivC 1877, § 853; CL 1887, § 3477; RCivC 1903, § 1171; RC 1919, § 778; SDC 1939, § 47.0227.

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