South Dakota Statutes
§ 20-7-3 — Acceptance of accord as satisfaction--Obligation extinguished.
South Dakota·Title 20 PERSONAL RIGHTS AND OBLIGATIONS·Ch. 20-7 ACCORD AND SATISFACTION, NOVATION AND RELEASE OF OBLIGATIONS
Acceptance by the creditor, of the consideration of an accord, extinguishes the obligation and is called satisfaction.
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South Dakota § 20-7-3 (Acceptance of accord as satisfaction--Obligation extinguished.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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.§ 20-10-2
Acts constituting deceit.§ 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.§ 20-11-2
Classes of defamation.