Title is transferred by an executory agreement for the sale or exchange of personal property, only when the buyer has accepted the thing, or when the seller has completed it, prepared it for delivery, and offered it to the buyer, with intent to transfer the title thereto, in manner sufficient to constitute legal tender, except as may be otherwise provided in chapter 57A-2.

Terms Used In South Dakota Codified Laws 43-35-4

  • Legal tender: coins, dollar bills, or other currency issued by a government as official money. Source: U.S. Mint

Source: CivC 1877, § 637; CL 1887, § 3258; RCivC 1903, § 951; RC 1919, § 559; SDC 1939, § 51.1504.