South Dakota Codified Laws 7-31-29. Reinstatement of installment contract on compliance with conditions–Terminationon failure to comply
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If within the time mentioned in the notice, the person served complies with such conditions and pays the costs of service, the contract shall be thereby reinstated to the same effect as though no default had occurred, but otherwise shall terminate as provided in § 7-31-25.
Terms Used In South Dakota Codified Laws 7-31-29
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
Source: SL 1941, ch 37; SDC Supp 1960, § 12.3404 (11).