There is a newer version of the South Dakota Codified Laws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
§56-1-3 Consideration--When required.
SD Codified L § 56-1-3 (through 2012) What's This?
56-1-3. Consideration--When required. Where a guaranty is entered into at the same time with the original obligation or with the acceptance of the latter by the guarantee and forms, with that obligation, a part of the consideration to him, no other consideration need exist. In all other cases there must be a consideration distinct from that of the original obligation.
Source: SDC 1939, § 26.0103.
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