There is a newer version of the South Dakota Codified Laws
2012 South Dakota Codified Laws
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 01. Guaranty
§56-1-17 Liability of guarantor of conditional obligation--Notice of default.
SD Codified L § 56-1-17 (through 2012) What's This?
56-1-17. Liability of guarantor of conditional obligation--Notice of default. Where one guarantees a conditional obligation his liability is commensurate with that of the principal, and he is not entitled to notice of the default of the principal unless he is unable, by the exercise of reasonable diligence, to acquire information of such default, and the creditor has actual notice thereof.
Source: SDC 1939, § 26.0111.
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