53-11-6. Extinction by destruction or cancellation of contract or signatures by consent.
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/sd/title-53/chapter-53-11/53-11-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The destruction or cancellation of a written contract or of the signatures of the parties liable thereon with intent to extinguish the obligation thereof, extinguishes it as to all the parties consenting to the act.