South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 56-1-12: Guaranty that obligation is good or collectible.

Where this section sits in the code

TITLE 56. GUARANTY, SURETYSHIP AND INDEMNITY
CHAPTER 56-1. GUARANTY

A guaranty to the effect that an obligation is good or is collectible imports that the debtor is solvent and that the demand is collectible by the usual legal proceedings, if taken with reasonable diligence.

Collected 2026-09-03T15:18:57Z. Source file · JSON

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