A voluntary deposit is made by one giving to another, with his consent, the possession of personal property to keep for the benefit of the former, or of a third party. The person giving is called the depositor, and the person receiving, the depository.
Terms Used In South Dakota Codified Laws 43-39-2
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
- Personal property: includes money, goods, chattels, things in action, and evidences of debt. See South Dakota Codified Laws 2-14-2
Source: CivC 1877, § 1034; CL 1887, § 3658; RCivC 1903, § 1353; RC 1919, § 970; SDC 1939, § 60.0101 (1).