Payment defined

SDCL § 54-2-1 — under PAYMENT OF DEBTS.

SDCL § 54-2-1

Performance of an obligation for the delivery of money only, is called payment. Source: CivC 1877, § 832; CL 1887, § 3456; RCivC 1903, § 1149; RC 1919, § 756; SDC 1939, § 47.0206.