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South DakotaStatutes

Origin of obligations

SDCL § 20-1-2 — under THE NATURE OF OBLIGATIONS.

SDCL § 20-1-2

An obligation arises either from: (1) The contract of the parties; or (2) The operation of law. Source: CivC 1877, § 799; CL 1887, § 3422; RCivC 1903, § 1115; RC 1919, § 722; SDC 1939, § 47.0102.