Section 43-4-4 - Voluntary transfer of property defined

43-4-4. Voluntary transfer of property defined.A voluntary transfer is an executed contract, subject to all rules of law concerning contracts in general, except that a consideration is not necessary to its validity. Source: CivC 1877, §600; CL 1887, §3223; RCivC 1903, §916; RC 1919, §518; SDC 1939, §51.1302.