South Dakota § 20-7-3 Acceptance of accord as satisfaction--Obligation extinguished.

South Dakota Statutes

§ 20-7-3 — Acceptance of accord as satisfaction--Obligation extinguished.

South Dakota § 20-7-3

Title 20PERSONAL RIGHTS AND OBLIGATIONS

Ch. 20-7ACCORD AND SATISFACTION, NOVATION AND RELEASE OF OBLIGATIONS

This text of South Dakota § 20-7-3 (Acceptance of accord as satisfaction--Obligation extinguished.) 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 § 20-7-3 (2026).

Text

Acceptance by the creditor, of the consideration of an accord, extinguishes the obligation and is called satisfaction.

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Legislative History

CivC 1877, § 861; CL 1887, § 3485; RCivC 1903, § 1179; RC 1919, § 786; SDC 1939, § 47.0235.

Nearby Sections

15

§ 20-1-1

Obligation defined.

§ 20-1-2

Origin of obligations.

§ 20-1-3

Kinds of obligations arising by operation of law.

§ 20-1-4

Joint and several obligations and rights.

§ 20-1-5

Obligations and rights presumed joint and not several.

§ 20-1-6

Right of contribution on satisfaction of joint obligation.

§ 20-10-1

Liability for damage caused by deceit.

§ 20-10-2

Acts constituting deceit.

§ 20-10-3

Fraud against public or class as fraud against individual.

§ 20-10A-1

Definition of terms.

§ 20-10A-2

Cause of action for damages.

§ 20-10A-3

Liability for damages.

§ 20-10A-4

Limitation on actions for damages.

§ 20-11-1

Obligation to refrain from defamation.

§ 20-11-2

Classes of defamation.

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Bluebook (online)

South Dakota § 20-7-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/20-7-3.