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Home » US Law » 2022 South Dakota Codified Laws » Title 43 - Property » Chapter 37 - Loan Of Personal Property

Section 43-37-1 – Loan for use–Definition–Money in specie.

43-37-1. Loan for use–Definition–Money in specie. A loan for use is a contract by which one gives to another the temporary possession and use of personal property, and the latter agrees to return the same thing to him at a future time, without reward for its use. Money in specie may be loaned for use. […]

Section 43-37-11 – Loan for use or exchange–Borrower required to bear all expenses during loan–Exception–Compensation for cost to preserve thing from injury.

43-37-11. Loan for use or exchange–Borrower required to bear all expenses during loan–Exception–Compensation for cost to preserve thing from injury. The borrower of a thing for use, or for exchange, must bear all its expenses during the loan, except such as are necessarily incurred by him to preserve it from unexpected and unusual injury. For […]

Section 43-37-2 – Loan for exchange–Definition.

43-37-2. Loan for exchange–Definition. If the borrower agrees to return at a future time a similar thing instead of the identical thing borrowed, the loan is a loan for exchange. Source: CivC 1877, §1087; CL 1887, §3710; RCivC 1903, §1406; RC 1919, §1029; SDC 1939, §38.0201.

Section 43-37-5 – Extent of use of thing by borrower.

43-37-5. Extent of use of thing by borrower. The borrower of a thing for use may use it for such purposes only as the lender might reasonably anticipate at the time of lending. Source: CivC 1877, §1080; CL 1887, §3704; RCivC 1903, §1400; RC 1919, §1023; SDC 1939, §38.0207.

Section 43-37-6 – Duties of borrower for use–Preservation of thing–Living animal–Care of thing lent, extent of exercise–Repairs caused by negligence.

43-37-6. Duties of borrower for use–Preservation of thing–Living animal–Care of thing lent, extent of exercise–Repairs caused by negligence. A borrower for use must use great care to preserve the thing lent in safety and good condition. If it is a living animal he must treat it kindly and provide all things necessary and suitable for […]