South Dakota Statutes

§ 43-37-12 — Loan for use or exchange--Indemnification of borrower by lender for damages for defects.

South Dakota § 43-37-12
JurisdictionSouth Dakota
Title 43PROPERTY
Ch. 43-37LOAN OF PERSONAL PROPERTY

This text of South Dakota § 43-37-12 (Loan for use or exchange--Indemnification of borrower by lender for damages for defects.) 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 § 43-37-12 (2026).

Text

The lender of a thing for use or for exchange must indemnify the borrower for damages caused by defects or vices in it, which he knew at the time of lending and concealed from the borrower.

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Legislative History

CivC 1877, §§ 1083, 1091; CL 1887, §§ 3707, 3714; RCivC 1903, §§ 1403, 1410; RC 1919, §§ 1026, 1033; SDC 1939, § 38.0209.

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Bluebook (online)
South Dakota § 43-37-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/43-37-12.