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§ 13-4-40. Payment to Creditor or Agent

Payment of money due to a creditor or his agent shall be sufficient to discharge the debtor upon the obligation; and, if such agent receives property other than currency in satisfaction of the obligation, the creditor is bound thereby. History. Orig. Code 1863, § 2805; Code 1868, § 2813; Code 1873, § 2864; Code 1882, […]

§ 13-4-41. Payment by Mail

Payment by mail shall be made at the risk of the debtor unless done by direction, either express or implied, of the creditor or his agent. History. Orig. Code 1863, § 2807; Code 1868, § 2815; Code 1873, § 2866; Code 1882, § 2866; Civil Code 1895, § 3719; Civil Code 1910, § 4313; Code […]

§ 13-4-42. Appropriation of Payments

When a payment is made by a debtor to a creditor holding several demands against him, the debtor shall have the right to direct the claim to which it shall be appropriated. If the debtor fails to do so, the creditor shall have the right to appropriate the payment at his election. If neither party […]