South Dakota Statutes
§ 53-6-11 — Measure of consideration, ascertainment.
South Dakota § 53-6-11
This text of South Dakota § 53-6-11 (Measure of consideration, ascertainment.) 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 § 53-6-11 (2026).
Text
Where a contract does not determine the amount of the consideration nor the method by which it is to be ascertained or when it leaves the amount thereof to the discretion of an interested party, the consideration must be so much money as the object of the contract is reasonably worth.
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Related
SDIF Ltd. Partnership 6 v. Northern Beef Packers Ltd. Partnership (In re Northern Beef Packers Ltd. Partnership Tax ID/EIN 26-2530200)
518 B.R. 24 (D. South Dakota, 2014)
Legislative History
CivC 1877, § 912; CL 1887, § 3536; RCivC 1903, § 1230; RC 1919, § 845; SDC 1939, § 10.0506.
Nearby Sections
15
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Bluebook (online)
South Dakota § 53-6-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/53-6-11.