Section 13-3-4. Effect of conditions precedent or subsequent upon rights of parties under contracts

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Conditions may be precedent or subsequent. A condition precedent must be performed before the contract becomes absolute and obligatory upon the other party. The breach of a condition subsequent may destroy the party's rights under the contract or may give a right to damages to the other party, according to a true construction of the intention of the parties.

Orig. Code 1863, § 2684; Code 1868, § 2680; Code 1873, § 2722; Code 1882, § 2722; Civil Code 1895, § 3639; Civil Code 1910, § 4224; Code 1933, § 20-110.

                    
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