Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
Section 20-5-18 - Interest stopped by offer of performance — South Dakota Law | CourtGPT
  1. Home/
  2. Laws/
  3. South Dakota/
  4. Title 20 - Personal Rights and Obligations/
  5. Chapter 05 - Offer of Performance of Obligations/
  6. Section 20-5-18 - Interest stopped by offer of performance
South Dakota Legal Code

Section 20-5-18 - Interest stopped by offer of performance

Ask AI about this
20-5-18. Interest stopped by offer of performance.An offer of payment or other performance, duly made, though the title to the thing offered be not transferred to the creditor, stops the running of interest on the obligation, and has the same effect upon all its incidents as a performance thereof. Source: CivC 1877, §853; CL 1887, §3477; RCivC 1903, §1171; RC 1919, §778; SDC 1939, §47.0227.