{"data":{"id":"us-sd/sdcl-54-1-1","jurisdiction":"us-sd","citation":"SDCL § 54-1-1","heading":"Definition of terms--Debtor--Creditor.","body":"Terms used in this chapter and chapter 54-8 are defined as follows, unless the context otherwise plainly requires:\n(1) \"Creditor,\" is one in whose favor an obligation exists by reason of which he is, or may become, entitled to the payment of money;\n(2) \"Debtor,\" one who, by reason of an existing obligation is, or may become liable to pay money to another, whether such liability is certain or contingent.","path":["TITLE 54. DEBTOR AND CREDITOR","CHAPTER 54-1. DEFINITIONS AND GENERAL PROVISIONS"],"source_url":"https://sdlegislature.gov/Statutes/54-1-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"53f0e06512cab19fa5d746dec0dd8101ab5970f728026e0fd35a9366afd995e5","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-53-12-56","next":"us-sd/sdcl-54-1-2"},"notice":"GroundRules: Original legal text. Not legal advice."}