The death of the lender terminates all indefinite loans or loans at will or pleasure. It does not terminate a loan for a definite time. The death of the borrower terminates all loans to him.
(Orig. Code 1863, § 2114; Code 1868, § 2109; Code 1873, § 2136; Code 1882, § 2136; Civil Code 1895, § 2954; Civil Code 1910, § 3526; Code 1933, § 12-511.)