{"data":{"id":"us-sd/sdcl-51a-1-8","jurisdiction":"us-sd","citation":"SDCL § 51A-1-8","heading":"Liability of bank as insurer or as guarantor or endorser of security instrument prohibited.","body":"Except as expressly permitted in this title, a bank shall not assume liability as an insurer or as a guarantor or endorser of any security instrument or obligation in which or with respect to which it has no property interest.\nSource: SL 1969, ch 11, § 1.6; SDCL, § 51-15-6.","path":["TITLE 51A. BANKS AND BANKING","CHAPTER 51A-1. DEFINITIONS, GENERAL PROVISIONS AND PENALTIES"],"source_url":"https://sdlegislature.gov/Statutes/51A-1-8","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"f9a9bbc868f31b98d5f2c05070b4919b73a07b7511ca720cf8c06bbcd7f32d77","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-51a-1-7","next":"us-sd/sdcl-51a-1-9"},"notice":"GroundRules: Original legal text. Not legal advice."}
