Section 53-5-2 - Requisites of object.

53-5-2. Requisites of object. The object of a contract must be lawful when the contract is made and possible and ascertainable by the time the contract is to be performed.

Source: CivC 1877, § 902; CL 1887, § 3526; RCivC 1903, § 1220; RC 1919, § 835; SDC 1939, § 10.0402.