43-37-13. Loan for use or exchange--Return of thing to lender by borrower--Specified time--Demand for return.
If a thing is lent for use or for exchange for a specified time or purpose, it must be returned to the lender without demand, as soon as the time has expired or the purpose has been accomplished. In other cases it need not be returned until demanded.
Source: CivC 1877, §§1085, 1086, 1091; CL 1887, §§3709, 3714; RCivC 1903, §§1405, 1410; RC 1919, §§1028, 1033; SDC 1939, §38.0211.
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.