South Dakota Statutes

§ 20-7-6 — Novation by substitution of obligation.

South Dakota·Title 20 PERSONAL RIGHTS AND OBLIGATIONS·Ch. 20-7 ACCORD AND SATISFACTION, NOVATION AND RELEASE OF OBLIGATIONS
Novation is made by the substitution of a new obligation between the same parties, with intent to extinguish the old obligation.

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South Dakota § 20-7-6 (Novation by substitution of obligation.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Related

Ducheneaux v. Miller
488 N.W.2d 902 (South Dakota Supreme Court, 1992)
73 case citations
Diana Hofer v. Merchants State Bank of Freeman, South Dakota
823 F.2d 271 (Eighth Circuit, 1987)
8 case citations
American Prairie Construction Co. v. Tri-State Financial, LLC
529 F. Supp. 2d 1061 (D. South Dakota, 2007)
2 case citations
Baker v. Masco Builder Cabinet Group, Inc.
912 F. Supp. 2d 814 (D. South Dakota, 2012)
2 case citations

Legislative History

CivC 1877, § 864, subdiv 1; CL 1887, § 3488, subdiv 1; RCivC 1903, § 1182, subdiv 1; RC 1919, § 789 (1); SDC 1939, § 47.0238 (1).

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