Section 43-26-5 - Rights and duties of parties as to risk of loss under contract. - South Dakota Statutes

43-26-5. Rights and duties of parties as to risk of loss under contract. Any contract made after June 30, 1937 in this state for the purchase and sale of realty shall be interpreted as including an agreement that the parties shall have the rights and duties set forth in §§ 43-26-6 and 43-26-7, unless the contract expressly provides otherwise.

Source: SL 1937, ch 258, § 1; SDC 1939 & Supp 1960, § 37.1807.