South Dakota Codified Laws 53-2-6. Contract for benefit of third person–Enforcement by beneficiary, limitation of time
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A contract made expressly for the benefit of a third person may be enforced by him at any time before the parties thereto rescind it.
Terms Used In South Dakota Codified Laws 53-2-6
- 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
Source: CivC 1877, § 875; CL 1887, § 3499; RCivC 1903, § 1193; RC 1919, § 808; SDC 1939, § 10.0204.