53-11-1. Extinguishment of contracts–Methods.
A contract may be extinguished in like manner as any other obligation and also by rescission, alteration, and cancellation, as provided by statute.
Source: CivC 1877, §§963, 964; CL 1887, §§3587, 3588; RCivC 1903, §§1281, 1282; RC 1919, §§902, 903; SDC 1939, §10.0801.