Obligation extinguished by part performance accepted in writing as satisfaction.

Checkout our iOS App for a better way to browser and research.

20-7-4. Obligation extinguished by part performance accepted in writing as satisfaction.

Part performance of an obligation, either before or after a breach thereof, when expressly accepted by the creditor in writing in satisfaction, or rendered in pursuance of an agreement in writing for that purpose, though without any new consideration, extinguishes the obligation.

Source: CivC 1877, §862; CL 1887, §3486; RCivC 1903, §1180; RC 1919, §787; SDC 1939, §47.0236.


Download our app to see the most-to-date content.