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South DakotaStatutes

Acceptance of principal as waiver of interest

SDCL § 21-1-12, under ACTIONS FOR DAMAGES GENERALLY.

SDCL § 21-1-12

Accepting payment of the whole principal, as such, waives all claim to interest. Source: CivC 1877, § 1945; CL 1887, § 4579; RCivC 1903, § 2291; RC 1919, § 1964; SDC 1939 & Supp 1960, § 37.1713.