Statutes, codes, and regulations
South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 36 - GIFTS OF PERSONAL PROPERTY
Section 43-36-2 - Validity of verbal gift-Means of obtaining possession and control-Delivery

S.D. Codified Laws § 43-36-2

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Current through the 2024 Legislative Session
Section 43-36-2 - Validity of verbal gift-Means of obtaining possession and control-Delivery

A verbal gift is not valid, unless the means of obtaining possession and control of the thing are given; nor, if it is capable of delivery, unless there is an actual or symbolical delivery of the thing to the donee.

SDCL 43-36-2

CivC 1877, § 640; CL 1887, § 3261; RCivC 1903, § 954; RC 1919, § 562; SDC 1939, § 51.1507.