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

SDCL § 56-1-16: Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.

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Where this section sits in the code
  1. TITLE 56. GUARANTY, SURETYSHIP AND INDEMNITY
  2. CHAPTER 56-1. GUARANTY

A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.

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

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