53-5-1. Object of contract defined. The object of a contract is the thing which it is agreed, on the part of the party receiving the consideration, to do or not to do.
Source: CivC 1877, § 901; CL 1887, § 3525; RCivC 1903, § 1219; RC 1919, § 834; SDC 1939, § 10.0401.
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