South Dakota Statutes
§ 56-1-15 — Construction of guaranty--Unconditional in absence of terms importing condition precedent.
A guaranty is to be deemed unconditional unless its terms import some condition precedent to the liability of the guarantor.
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South Dakota § 56-1-15 (Construction of guaranty--Unconditional in absence of terms importing condition precedent.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
International Multifoods Corp. v. Mardian
379 N.W.2d 840 (South Dakota Supreme Court, 1985)
American Prairie Construction Co. v. Tri-State Financial, LLC
529 F. Supp. 2d 1061 (D. South Dakota, 2007)
Legislative History
SDC 1939, § 26.0109.