2012 South Dakota Codified Laws
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 01. Guaranty
§56-1-15 Construction of guaranty--Unconditional in absence of terms importing condition precedent.


SD Codified L § 56-1-15 (through 2012) What's This?


56-1-15. Construction of guaranty--Unconditional in absence of terms importing condition precedent. A guaranty is to be deemed unconditional unless its terms import some condition precedent to the liability of the guarantor.

Source: SDC 1939, § 26.0109.

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