State Codes and Statutes

Statutes > South-dakota > Title-43 > Chapter-37 > Statute-43-37-2

43-37-2. Loan for exchange--Definition. If the borrower agrees to return at a future time a similar thing instead of the identical thing borrowed, the loan is a loan for exchange.

Source: CivC 1877, § 1087; CL 1887, § 3710; RCivC 1903, § 1406; RC 1919, § 1029; SDC 1939, § 38.0201.

State Codes and Statutes

Statutes > South-dakota > Title-43 > Chapter-37 > Statute-43-37-2

43-37-2. Loan for exchange--Definition. If the borrower agrees to return at a future time a similar thing instead of the identical thing borrowed, the loan is a loan for exchange.

Source: CivC 1877, § 1087; CL 1887, § 3710; RCivC 1903, § 1406; RC 1919, § 1029; SDC 1939, § 38.0201.