There is a newer version
of
this Chapter
2021 South Dakota Codified Laws
Title 56 - Guaranty, Suretyship and Indemnity
Chapter 02 - Suretyship
- Section 56-2-1 - Suretyship defined.
- Section 56-2-2 - Apparent principal may show that he is a surety.
- Section 56-2-3 - Joint control of deposits of assets--Agreement between insured and surety--Withdrawal procedure.
- Section 56-2-4 - Rights of a surety same as guarantor.
- Section 56-2-5 - Performance of obligation when due by principal--Compelling by surety.
- Section 56-2-6 - Neglect of creditor to proceed against principal at request of surety--Surety exonerated to the extent which he is prejudiced.
- Section 56-2-7 - Property of principal first resorted to.
- Section 56-2-8 - Surety exonerated in like manner with guarantor.
- Section 56-2-9 - Surety exonerated by performance or offer of performance.
- Section 56-2-10 - Surety exonerated to extent prejudiced by act of creditor.
- Section 56-2-11 - Surety exonerated to extent prejudiced by omission of creditor.
- Section 56-2-12 - Liability of surety limited by express terms of contract--Penalty for breach.
- Section 56-2-13 - Suretyship relation not changed by creditor's judgment against surety.
- Section 56-2-14 - Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons.
- Section 56-2-15 - , 56-2-16. Repealed.
- Section 56-2-17 - Surety subrogated to rights of creditor.
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.