28-1-101. Definitions. (1) An obligation is a legal duty by which a person is bound to do or not to do a certain thing.
(2) Performance of an obligation for the delivery of money only is called payment.
28-1-101. Definitions. (1) An obligation is a legal duty by which a person is bound to do or not to do a certain thing.
(2) Performance of an obligation for the delivery of money only is called payment.
History: En. Secs. 1920, 2005, Civ. C. 1895; re-en. Secs. 4892, 4927, Rev. C. 1907; re-en. Secs. 7394, 7429, R.C.M. 1921; Cal. Civ. C. Secs. 1427, 1478; Field Civ. C. Secs. 670, 704; re-en. Secs. 7394, 7429, R.C.M. 1935; R.C.M. 1947, 58-101, 58-406.