S.D. Codified Laws § 20-5-18

Current through the 2024 Legislative Session

Section 20-5-18 - Interest stopped by offer of performance

An offer of payment or other performance, duly made, though the title to the thing offered be not transferred to the creditor, stops the running of interest on the obligation, and has the same effect upon all its incidents as a performance thereof.

SDCL 20-5-18

CivC 1877, § 853; CL 1887, § 3477; RCivC 1903, § 1171; RC 1919, § 778; SDC 1939, § 47.0227.