Gratuitous deposit defined.

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43-39-6. Gratuitous deposit defined.

Gratuitous deposit is a deposit for which the depository receives no consideration beyond the mere possession of the thing deposited; an involuntary deposit is gratuitous, the depository being entitled to no reward.

Source: CivC 1877, §§1053, 1054; CL 1887, §§3677, 3678; RCivC 1903, §§1372, 1373; RC 1919, §§989, 990; SDC 1939, §60.0101 (5).


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