S.D. Codified Laws § 20-4-7

Current through the 2024 Legislative Session

Section 20-4-7 - Performance applied according to debtor's intent

If, at the time of the performance by a debtor described by § 20-4-6, the intention or desire of the debtor that such performance should be applied to the extinction of any particular obligation, be manifested to the creditor, it must be so applied.

SDCL 20-4-7

CivC 1877, § 833, subdiv 1; CL 1887, § 3457, subdiv 1; RCivC 1903, § 1150, subdiv 1; RC 1919, § 757 (1); SDC 1939, § 47.0207 (1).