If the borrower agrees to return at a future time a similar thing instead of the identical thing borrowed, the loan is a loan for exchange. Source: CivC 1877, § 1087; CL 1887, § 3710; RCivC 1903, § 1406; RC 1919, § 1029; SDC 1939, § 38.0201.
Loan for exchange--Definition
SDCL § 43-37-2 — under LOAN OF PERSONAL PROPERTY.
SDCL § 43-37-2