20-2-1. Conditional obligation defined.
An obligation is conditional when the rights or duties of any party thereto depend upon the occurrence of an uncertain event.
Source: CivC 1877, §804; CL 1887, §3427; RCivC 1903, §1120; RC 1919, §727; SDC 1939, §47.0107.
Structure South Dakota Codified Laws
Title 20 - Personal Rights and Obligations
Chapter 02 - Conditional Obligations
Section 20-2-1 - Conditional obligation defined.
Section 20-2-2 - Impossible or unlawful condition void.
Section 20-2-3 - Strict interpretation of condition involving forfeiture.
Section 20-2-4 - Kinds and definition of conditions.
Section 20-2-5 - Fulfillment of conditions before requiring performance.
Section 20-2-6 - Performance of conditions waived by notice of nonperformance by other party.