Section 43-39-3 – Involuntary deposit, making of–Duty of involuntary depository.
43-39-3. Involuntary deposit, making of–Duty of involuntary depository. An involuntary deposit is made: (1)By the accidental leaving or placing of personal property in the possession of any person, without negligence on the part of its owner; or (2)In cases of fire, shipwreck, inundation, insurrection, riot, or like extraordinary emergencies, by the owner of personal property […]
Section 43-39-4 – Deposit for keeping defined.
43-39-4. Deposit for keeping defined. A deposit for keeping is one in which the depository is bound to return the identical thing deposited. Source: CivC 1877, §1037; CL 1887, §3661; RCivC 1903, §1356; RC 1919, §973; SDC 1939, §60.0101 (3).
Section 43-39-5 – Deposit for exchange defined.
43-39-5. Deposit for exchange defined. A deposit for exchange is one in which the depository is only bound to return a thing corresponding in kind to that which is deposited. Source: CivC 1877, §1038; CL 1887, §3662; RCivC 1903, §1357; RC 1919, §974; SDC 1939, §60.0101 (4).
Section 43-39-6 – Gratuitous deposit defined.
43-39-6. Gratuitous deposit defined. Gratuitous deposit is a deposit for which the depository receives no consideration beyond the mere possession of the thing deposited; an involuntary deposit is gratuitous, the depository being entitled to no reward. Source: CivC 1877, §§1053, 1054; CL 1887, §§3677, 3678; RCivC 1903, §§1372, 1373; RC 1919, §§989, 990; SDC 1939, […]
Section 43-39-7 – Deposit for storage defined–Depository as depository for hire.
43-39-7. Deposit for storage defined–Depository as depository for hire. A deposit not gratuitous is called storage. The depository in such case is called a depository for hire. Source: CivC 1877, §1057; CL 1887, §3681; RCivC 1903, §1376; RC 1919, §993; SDC 1939, §60.0101 (6).
Section 43-39-8 – Rights and duties of depositor and depository.
43-39-8. Rights and duties of depositor and depository. Rights and duties of the depositor and depository are set forth in §§43-39-9 to 43-39-29, inclusive. Source: SDC 1939, §60.0102.
Section 43-39-9 – Deposit for exchange–Transfer of title to deposit–Creation of debtor and creditor relationship.
43-39-9. Deposit for exchange–Transfer of title to deposit–Creation of debtor and creditor relationship. A deposit for exchange transfers to the depository the title to the thing deposited, and creates between him and the depositor the relation of debtor and creditor merely. Source: CivC 1877, §1073; CL 1887, §3697; RCivC 1903, §1393; RC 1919, §1016; SDC […]
Section 43-39-10 – Depository for hire–Ordinary care in preservation of deposit.
43-39-10. Depository for hire–Ordinary care in preservation of deposit. A depository for hire must use at least ordinary care for the preservation of the the thing deposited. Source: CivC 1877, §1058; CL 1887, §3682; RCivC 1903, §1377; RC 1919, §994; SDC 1939, §60.0102 (17).
Section 43-39-1 – Kinds and classifications of deposits.
43-39-1. Kinds and classifications of deposits. A deposit may be voluntary or involuntary, and for safekeeping or for exchange. Deposits are defined and classified as provided by §§43-39-2 to 43-39-7, inclusive. Source: CivC 1877, §1033; CL 1887, §3657; RCivC 1903, §1352; RC 1919, §969; SDC 1939, §60.0101.
Section 43-37-3 – Loan for use or exchange subject to provisions relating to loans for exchange.
43-37-3. Loan for use or exchange subject to provisions relating to loans for exchange. A loan which the lender permits the borrower at his option to treat as a loan for use or for exchange, is subject to all the provisions of this chapter relating to loans for exchange. Source: CivC 1877, §1088; CL 1887, […]