Deposit for exchange defined.

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

43-39-5. Deposit for exchange defined.

A deposit for exchange is one in which the depository is only bound to return a thing corresponding in kind to that which is deposited.

Source: CivC 1877, §1038; CL 1887, §3662; RCivC 1903, §1357; RC 1919, §974; SDC 1939, §60.0101 (4).


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