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    • Legislation USA
    • South Dakota Codified Laws
    • Title 53 - Contracts
    • Chapter 11 - Extinction And Alteration Of Contracts
    • Section 53-11-1 - Extinguishment of contracts--Methods.

    South Dakota Codified Laws
    Chapter 11 - Extinction And Alteration Of Contracts
    Section 53-11-1 - Extinguishment of contracts--Methods.

    53-11-1. Extinguishment of contracts--Methods.
    A contract may be extinguished in like manner as any other obligation and also by rescission, alteration, and cancellation, as provided by statute.

    Source: CivC 1877, §§963, 964; CL 1887, §§3587, 3588; RCivC 1903, §§1281, 1282; RC 1919, §§902, 903; SDC 1939, §10.0801.

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    Structure South Dakota Codified Laws

    South Dakota Codified Laws

    Title 53 - Contracts

    Chapter 11 - Extinction And Alteration Of Contracts

    Section 53-11-1 - Extinguishment of contracts--Methods.

    Section 53-11-2 - Rescission by party to contract--Grounds.

    Section 53-11-3 - Rescission not effected by consent--Accomplishment by use of diligence to comply with rules governing rescission.

    Section 53-11-4 - Prompt action by party rescinding on discovery of duress, undue influence, or disability.

    Section 53-11-5 - Restoration of everything of value by party rescinding.

    Section 53-11-6 - Extinction by destruction or cancellation of contract or signatures by consent.

    Section 53-11-7 - Extinction by intentional destruction, cancellation or alteration of contract--Alteration or destruction of duplicate, not to prejudice.

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