53-6-7. Executed or executory consideration, effect.
33 words·~1 min read·
/sd/title-53/chapter-53-6/53-6-7A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A consideration may be executed or executory in whole or in part. In so far as it is executory, it is subject to the provisions of the statutes relating to object of contract.