S.D. Codified Laws § 20-7-2

Execution of accord required to extinguish obligation

Source: CivC 1877, § 860; CL 1887, § 3484; RCivC 1903, § 1178; RC 1919, § 785; SDC 1939, § 47.0234.

Though the parties to an accord are bound to execute it, yet it does not extinguish the obligation until it is fully executed.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.