South Dakota Statutes
§ 56-1-13 — Recovery upon guaranty that obligation is good or collectible.
In the cases mentioned in § 56-1-12 , the removal of the principal from the state, leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal in its effect upon the rights and obligations of the guarantor.
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South Dakota § 56-1-13 (Recovery upon guaranty that obligation is good or collectible.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SDC 1939, § 26.0108.