South Dakota Statutes

§ 43-37-2 — Loan for exchange--Definition.

South Dakota·Title 43 PROPERTY·Ch. 43-37 LOAN OF PERSONAL PROPERTY
If the borrower agrees to return at a future time a similar thing instead of the identical thing borrowed, the loan is a loan for exchange.

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Legislative History

CivC 1877, § 1087; CL 1887, § 3710; RCivC 1903, § 1406; RC 1919, § 1029; SDC 1939, § 38.0201.

Nearby Sections

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