2011 South Dakota Code
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 01. Guaranty
§56-1-8 Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary.


SD Codified L § 56-1-8 (through 2011) What's This?

56-1-8. Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary. A promise to answer for the obligation of another is deemed an original obligation of the promiser and need not be in writing where a factor undertakes, for a commission, to sell merchandise and guarantee the sale.

Source: SDC 1939, § 26.0105 (4).

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