South Dakota Statutes
§ 53-6-2 — Legal or moral obligation as good consideration.
An existing legal obligation resting upon the promiser or a moral obligation originating in some benefit conferred upon the promiser or prejudice suffered by the promisee is also a good consideration for a promise to an extent corresponding with the extent of the obligation, but no further or otherwise.
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South Dakota § 53-6-2 (Legal or moral obligation as good consideration.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
CivC 1877, § 907; CL 1887, § 3531; RCivC 1903, § 1225; RC 1919, § 840; SDC 1939, § 10.0502.