Section 54-1-4 - Preference of creditors by debtor

54-1-4. Preference of creditors by debtor.A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another. Source: CivC 1877, §2021; CL 1887, §4654; RCivC 1903, §2366; RC 1919, §2039; SDC 1939, §23.0103.