20-1-4. Joint and several obligations and rights. An obligation imposed upon several persons, or a right created in favor of several persons may be:
(1) Joint;
(2) Several; or
(3) Joint and several.Source: CivC 1877, § 801; CL 1887, § 3424; RCivC 1903, § 1117; RC 1919, § 724; SDC 1939, § 47.0104.