§ 20-11A-1 Power to contract denied person without understanding–Liabilities for necessaries
§ 20-11A-2 Contract made before adjudication of incapacity subject to rescission
§ 20-11A-3 Disability after adjudication of incapacity–Testamentary power on actual restorationto capacity
§ 20-11A-4 Liability for torts
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Terms Used In South Dakota Codified Laws > Title 20 > Chapter 11A - Powers and Obligations of Persons of Unsound Mind

  • 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
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.