Preference of creditors by debtor.

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54-1-4. Preference of creditors by debtor.

A debtor may pay one creditor in preference to another, or may give to one creditor security for the payment of his demand in preference to another.

Source: CivC 1877, §2021; CL 1887, §4654; RCivC 1903, §2366; RC 1919, §2039; SDC 1939, §23.0103.


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