South Dakota Statutes
§ 56-1-13 — Recovery upon guaranty that obligation is good or collectible.
South Dakota § 56-1-13
This text of South Dakota § 56-1-13 (Recovery upon guaranty that obligation is good or collectible.) 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 § 56-1-13 (2026).
Text
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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Legislative History
SDC 1939, § 26.0108.
Nearby Sections
15
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Bluebook (online)
South Dakota § 56-1-13, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-13.