South Dakota Statutes
§ 56-1-11 — Guaranty of incomplete contract.
South Dakota § 56-1-11
This text of South Dakota § 56-1-11 (Guaranty of incomplete contract.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.D. Codified Laws § 56-1-11 (2026).
Text
In a guaranty of a contract, the terms of which are not then settled, it is implied that its terms shall be such as will not expose the guarantor to greater risks than he would incur under those terms which are most common in similar contracts at the place where the principal contract is to be performed.
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Legislative History
SDC 1939, § 26.0107.
Nearby Sections
15
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Bluebook (online)
South Dakota § 56-1-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-11.