S.D. Codified Laws § 53-6-11

Current through the 2024 Legislative Session

Section 53-6-11 - Measure of consideration, ascertainment

Where a contract does not determine the amount of the consideration nor the method by which it is to be ascertained or when it leaves the amount thereof to the discretion of an interested party, the consideration must be so much money as the object of the contract is reasonably worth.

SDCL 53-6-11

CivC 1877, § 912; CL 1887, § 3536; RCivC 1903, § 1230; RC 1919, § 845; SDC 1939, § 10.0506.