South Dakota Statutes

§ 53-6-11 — Measure of consideration, ascertainment.

South Dakota·Title 53 CONTRACTS·Ch. 53-6 CONSIDERATION FOR CONTRACTS
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

Legislative History

CivC 1877, § 912; CL 1887, § 3536; RCivC 1903, § 1230; RC 1919, § 845; SDC 1939, § 10.0506.

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