Section 53-6-10 - Effect of impossibility of ascertaining consideration--Possible of execution on face. - South-dakota Statutes

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53-6-10. Effect of impossibility of ascertaining consideration--Possible of execution on face. Where a contract provides an exclusive method by which its consideration is to be ascertained, which method appears possible on its face but in fact is or becomes impossible of execution, such provision only is void.

Source: CivC 1877, § 914; CL 1887, § 3538; RCivC 1903, § 1232; RC 1919, § 847; SDC 1939, § 10.0505.

State Codes and Statutes

Statutes > South-dakota > Title-53 > Chapter-06 > Statute-53-6-10

53-6-10. Effect of impossibility of ascertaining consideration--Possible of execution on face. Where a contract provides an exclusive method by which its consideration is to be ascertained, which method appears possible on its face but in fact is or becomes impossible of execution, such provision only is void.

Source: CivC 1877, § 914; CL 1887, § 3538; RCivC 1903, § 1232; RC 1919, § 847; SDC 1939, § 10.0505.

State Codes and Statutes

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State Codes and Statutes

Statutes > South-dakota > Title-53 > Chapter-06 > Statute-53-6-10

53-6-10. Effect of impossibility of ascertaining consideration--Possible of execution on face. Where a contract provides an exclusive method by which its consideration is to be ascertained, which method appears possible on its face but in fact is or becomes impossible of execution, such provision only is void.

Source: CivC 1877, § 914; CL 1887, § 3538; RCivC 1903, § 1232; RC 1919, § 847; SDC 1939, § 10.0505.