55-7-3. A thing done 'in good faith' defined.A thing is done 'in good faith' within the meaning of §§55-7-2 to 55-7-15, inclusive, when it is in fact done honestly, whether it be done negligently or not. Source: SL 1943, ch 19, §1; SDC Supp 1960, §6.0701 (2).
South Dakota Legal Code