43-37-10. Loan for exchange--Modification of contract by lender forbidden.
A lender for exchange cannot require the borrower to fulfill his obligations at a time, or in a manner, different from that which was originally agreed upon.
Source: CivC 1877, §1090; CL 1887, §3713; RCivC 1903, §1409; RC 1919, §1032; SDC 1939, §38.0205.
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.