20-7-2. Execution of accord required to extinguish obligation.Though the parties to an accord are bound to execute it, yet it does not extinguish the obligation until it is fully executed. Source: CivC 1877, §860; CL 1887, §3484; RCivC 1903, §1178; RC 1919, §785; SDC 1939, §47.0234.
South Dakota Legal Code