20-7-1. Accord defined. An accord is an agreement to accept, in extinction of an obligation, something different from that to which the person agreeing to accept is entitled.
Source: CivC 1877, § 859; CL 1887, § 3483; RCivC 1903, § 1177; RC 1919, § 784; SDC 1939, § 47.0233.
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