{"data":{"id":"us-sd/sdcl-56-1-16","jurisdiction":"us-sd","citation":"SDCL § 56-1-16","heading":"Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.","body":"A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.","path":["TITLE 56. GUARANTY, SURETYSHIP AND INDEMNITY","CHAPTER 56-1. GUARANTY"],"source_url":"https://sdlegislature.gov/Statutes/56-1-16","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:57Z","sha256":"5a19432c01f70e4791a6f782fd79d4eec7a717f6436b0472e318c968120f6a7d","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-56-1-15","next":"us-sd/sdcl-56-1-17"},"notice":"GroundRules: Original legal text. Not legal advice."}