2012 South Dakota Codified Laws
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 01. Guaranty
§56-1-10 Acceptance of guaranty.


SD Codified L § 56-1-10 (through 2012) What's This?


56-1-10. Acceptance of guaranty. A mere offer to guarantee is not binding until notice of its acceptance is communicated by the guarantee to the guarantor, but an absolute guaranty is binding upon the guarantor without notice of acceptance.

Source: SDC 1939, § 26.0106.

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