20-4-7. Performance applied according to debtor's intent.
If, at the time of the performance by a debtor described by §20-4-6, the intention or desire of the debtor that such performance should be applied to the extinction of any particular obligation, be manifested to the creditor, it must be so applied.
Source: CivC 1877, §833, subdiv 1; CL 1887, §3457, subdiv 1; RCivC 1903, §1150, subdiv 1; RC 1919, §757 (1); SDC 1939, §47.0207 (1).
Structure South Dakota Codified Laws
Title 20 - Personal Rights and Obligations
Chapter 04 - Performance Of Obligations
Section 20-4-1 - Obligation extinguished by full performance.
Section 20-4-2 - Joint obligation extinguished by performance by one person.
Section 20-4-3 - Joint right extinguished by performance to one person--Deposit excepted.
Section 20-4-4 - Obligation extinguished by performance in manner directed by creditor.
Section 20-4-6 - Performance applicable to two or more obligations.
Section 20-4-7 - Performance applied according to debtor's intent.
Section 20-4-9 - Application of performance in absence of selection by parties.