43-37-1. Loan for use--Definition--Money in specie.
A loan for use is a contract by which one gives to another the temporary possession and use of personal property, and the latter agrees to return the same thing to him at a future time, without reward for its use. Money in specie may be loaned for use.
Source: CivC 1877, §§1074, 1092; CL 1887, §§3698, 3715; RCivC 1903, §§1394, 1411; RC 1919, §§1017, 1034; SDC 1939, §38.0201.
Structure South Dakota Codified Laws
Chapter 37 - Loan Of Personal Property
Section 43-37-1 - Loan for use--Definition--Money in specie.
Section 43-37-2 - Loan for exchange--Definition.
Section 43-37-3 - Loan for use or exchange subject to provisions relating to loans for exchange.
Section 43-37-5 - Extent of use of thing by borrower.
Section 43-37-7 - Borrower for use--Lending to third person without consent of lender forbidden.
Section 43-37-10 - Loan for exchange--Modification of contract by lender forbidden.
Section 43-37-14 - Loan for use or exchange--Place for return of thing by borrower.