54-1-2. Loan of money defined.
35 words·~1 min read·
/sd/title-54/chapter-54-1/54-1-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A loan of money is a contract by which one delivers a sum of money to another, and the latter agrees to return at a future time a sum equivalent to that which he borrowed.