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Statutes > South Dakota Laws > Title 20 - PERSONAL RIGHTS AND OBLIGATIONS > Chapter 07 - Accord And Satisfaction, Novation And Release Of Obligations > Section 20-7-10 - Obligation extinguished by release on new consideration or in writing.

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SOUTH DAKOTA STATUTES AND CODES

Section 20-7-10 - Obligation extinguished by release on new consideration or in writing.

20-7-10. Obligation extinguished by release on new consideration or in writing. An obligation is extinguished by a release therefrom given to the debtor by the creditor, upon a new consideration, or in writing, with or without new consideration.

Source: CivC 1877, § 867; CL 1887, § 3491; RCivC 1903, § 1185; RC 1919, § 792; SDC 1939, § 47.0240.

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