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54-2-1. Payment defined. Performance of an obligation for the delivery of money only, is called payment. Source: CivC 1877, §832; CL 1887, §3456; RCivC 1903, §1149; RC 1919, §756; SDC 1939, §47.0206.
Structure South Dakota Codified Laws
South Dakota Codified Laws
Title 54 - Debtor and Creditor
Chapter 02 - Payment Of Debts
Section 54-2-1 - Payment defined.
Section 54-2-2 - Repayment of loan in current funds.
Section 54-2-4 - Obligation for payment extinguished by tender and deposit in state bank.