2012 South Dakota Codified Laws
Title 56 GUARANTY, SURETYSHIP AND INDEMNITY
Chapter 01. Guaranty
§56-1-28 Discharge of principal by operation of law--Guarantor not exonerated.


SD Codified L § 56-1-28 (through 2012) What's This?


56-1-28. Discharge of principal by operation of law--Guarantor not exonerated. A guarantor is not exonerated by the discharge of his principal by operation of law without the intervention or omission of the creditor.

Source: SDC 1939, § 26.0122.

Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.