Acceptance of principal as waiver of interest.

  1. Law
  2. South Dakota Codified Laws
  3. Judicial Remedies
  4. Actions For Damages Generally
  5. Acceptance of principal as waiver of interest.

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

21-1-12. Acceptance of principal as waiver of interest.

Accepting payment of the whole principal, as such, waives all claim to interest.

Source: CivC 1877, §1945; CL 1887, §4579; RCivC 1903, §2291; RC 1919, §1964; SDC 1939 & Supp 1960, §37.1713.


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