GroundRules
SDCL § 56-2-12: Liability of surety limited by express terms of contract--Penalty for breach.
Where this section sits in the code
- TITLE 56. GUARANTY, SURETYSHIP AND INDEMNITY
- CHAPTER 56-2. SURETYSHIP
A surety cannot be held beyond the express terms of his contract, and if such contract prescribes a penalty for its breach, he cannot in any case be liable for more than the penalty.
Collected 2026-09-03T15:18:57Z. Source file · JSON