An obligation imposed upon several persons, or a right created in favor of several persons may be:

(1) Joint;

Terms Used In South Dakota Codified Laws 20-1-4

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

(2) Several; or

(3) Joint and several.

Source: CivC 1877, § 801; CL 1887, § 3424; RCivC 1903, § 1117; RC 1919, § 724; SDC 1939, § 47.0104.