32-107. Contracts of insane persons. A conveyance or other contract of a person of unsound mind, but not entirely without understanding, made before his incapacity has been judicially determined, is subject to rescission.
[(32-107) R.S., sec. 2411; reen. R.C. & C.L., sec. 2607; C.S., sec. 4589; I.C.A., sec. 31-107.]