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2017 South Dakota Codified Laws
Title 43 - PROPERTY
Chapter 39 - Deposit Of Personal Property
§ 43-39-9 Deposit for exchange--Transfer of title to deposit--Creation of debtor and creditor relationship.
Universal Citation: SD Codified L § 43-39-9 (2017)
43-39-9. Deposit for exchange--Transfer of title to deposit--Creation of debtor and creditor relationship. A deposit for exchange transfers to the depository the title to the thing deposited, and creates between him and the depositor the relation of debtor and creditor merely.
Source: CivC 1877, § 1073; CL 1887, § 3697; RCivC 1903, § 1393; RC 1919, § 1016; SDC 1939, § 60.0102 (21).
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