South Dakota Statutes
§ 21-1-12 — Acceptance of principal as waiver of interest.
South Dakota § 21-1-12
This text of South Dakota § 21-1-12 (Acceptance of principal as waiver of interest.) 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 § 21-1-12 (2026).
Text
Accepting payment of the whole principal, as such, waives all claim to interest.
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Related
Hogg v. Farmers Home Administration (In Re Hogg)
76 B.R. 735 (D. South Dakota, 1987)
South Dakota Public Utilities Commission v. Barzen International, Inc.
479 N.W.2d 910 (South Dakota Supreme Court, 1992)
Legislative History
CivC 1877, § 1945; CL 1887, § 4579; RCivC 1903, § 2291; RC 1919, § 1964; SDC 1939 & Supp 1960, § 37.1713.
Nearby Sections
15
§ 21-1-11
Repealed§ 21-1-13
Repealed§ 21-1-13.2
Application of interest statutes.§ 21-1-14
Liability of issuer of bad check for collection costs--Costs included in restitution award.§ 21-1-15
Definitions.§ 21-1-3
Damages to be reasonable.Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 21-1-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/21-1-12.