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Section 21-1-12 - Acceptance of principal as waiver of interest — South Dakota Law | CourtGPT
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South Dakota Legal Code

Section 21-1-12 - Acceptance of principal as waiver of interest

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21-1-12. Acceptance of principal as waiver of interest.Accepting payment of the whole principal, as such, waives all claim to interest. Source: CivC 1877, §1945; CL 1887, §4579; RCivC 1903, §2291; RC 1919, §1964; SDC 1939 & Supp 1960, §37.1713.