55-7-12. Law governing transactions not within Uniform Fiduciaries Act. In any case not provided for in §§ 55-7-2 to 55-7-15, inclusive, the rules of law and equity, including the law merchant and those rules of law and equity relating to trusts, agency, negotiable instruments and banking, shall continue to apply.
Source: SL 1943, ch 19, § 12; SDC Supp 1960, § 6.0712.
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