53-7-8. Contract in writing--Effective date. A contract in writing takes effect upon its intended delivery for effect to the party in whose favor it is made or to his agent.
Source: CivC 1877, § 922; CL 1887, § 3546; RCivC 1903, § 1240; RC 1919, § 861; SDC 1939, § 10.0607.