S.D. Codified Laws § 20-7-5

Current through the 2024 Legislative Session

Section 20-7-5 - Novation defined

Novation is the substitution by contract of a new obligation for an existing one and is subject to the rules concerning contracts in general.

SDCL 20-7-5

CivC 1877, §§ 863, 865; CL 1887, §§ 3487, 3489; RCivC 1903, §§ 1181, 1183; RC 1919, §§ 788, 790; SDC 1939, § 47.0237.