Statutes, codes, and regulations
South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 39 - DEPOSIT OF PERSONAL PROPERTY
Section 43-39-9 - Deposit for exchange-Transfer of title to deposit-Creation of debtor and creditor relationship

S.D. Codified Laws § 43-39-9

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Current through the 2024 Legislative Session
Section 43-39-9 - Deposit for exchange-Transfer of title to deposit-Creation of debtor and creditor relationship

A deposit for exchange transfers to the depository the title to the thing deposited, and creates between him and the depositor the relation of debtor and creditor merely.

SDCL 43-39-9

CivC 1877, § 1073; CL 1887, § 3697; RCivC 1903, § 1393; RC 1919, § 1016; SDC 1939, § 60.0102 (21).