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S.D. Codified Laws § 54-1-4

Preference of creditors by debtor

Source: CivC 1877, § 2021; CL 1887, § 4654; RCivC 1903, § 2366; RC 1919, § 2039; SDC 1939, § 23.0103.

A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another.

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