Statutes > South Dakota Statutes > Title 43 - PROPERTY > Chapter 36 - Gifts Of Personal Property > Section 43-36-2 - Validity of verbal gift--Means of obtaining possession and control--Delivery.

Section 43-36-2 - Validity of verbal gift--Means of obtaining possession and control--Delivery.

43-36-2. Validity of verbal gift--Means of obtaining possession and control--Delivery. A verbal gift is not valid, unless the means of obtaining possession and control of the thing are given; nor, if it is capable of delivery, unless there is an actual or symbolical delivery of the thing to the donee.

Source: CivC 1877, § 640; CL 1887, § 3261; RCivC 1903, § 954; RC 1919, § 562; SDC 1939, § 51.1507.