20-7-7. Novation by substitution of debtor.Novation is made by the substitution of a new debtor in place of the old one, with intent to release the latter. Source: CivC 1877, §864, subdiv 2; CL 1887, §3488, subdiv 2; RCivC 1903, §1182, subdiv 2; RC 1919, §789 (2); SDC 1939, §47.0238 (2).
South Dakota Legal Code