2011 South Dakota Code
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 03. Indemnity
§56-3-2 Indemnity for a future wrongful act void.


SD Codified L § 56-3-2 (through 2011) What's This?

56-3-2. Indemnity for a future wrongful act void. An agreement to indemnify a person against an act thereafter to be done, is void if the act be known by such person at the time of doing it to be unlawful. This section shall only apply to an unlawful act that involves moral turpitude.

Source: SDC 1939, § 31.3102; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 2.

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