Section 20-4-3 - Joint right extinguished by performance to one person--Deposit excepted. - South-dakota Statutes

State Codes and Statutes

Statutes > South-dakota > Title-20 > Chapter-04 > Statute-20-4-3

20-4-3. Joint right extinguished by performance to one person--Deposit excepted. An obligation in favor of several persons is extinguished by performance rendered to any of them, except in the case of a deposit made by owners in common, or in joint ownership, which is regulated by the law on deposit.

Source: CivC 1877, § 829; CL 1887, § 3453; RCivC 1903, § 1146; RC 1919, § 753; SDC 1939, § 47.0203.

State Codes and Statutes

Statutes > South-dakota > Title-20 > Chapter-04 > Statute-20-4-3

20-4-3. Joint right extinguished by performance to one person--Deposit excepted. An obligation in favor of several persons is extinguished by performance rendered to any of them, except in the case of a deposit made by owners in common, or in joint ownership, which is regulated by the law on deposit.

Source: CivC 1877, § 829; CL 1887, § 3453; RCivC 1903, § 1146; RC 1919, § 753; SDC 1939, § 47.0203.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > South-dakota > Title-20 > Chapter-04 > Statute-20-4-3

20-4-3. Joint right extinguished by performance to one person--Deposit excepted. An obligation in favor of several persons is extinguished by performance rendered to any of them, except in the case of a deposit made by owners in common, or in joint ownership, which is regulated by the law on deposit.

Source: CivC 1877, § 829; CL 1887, § 3453; RCivC 1903, § 1146; RC 1919, § 753; SDC 1939, § 47.0203.