South Dakota Statutes
§ 56-1-15 — Construction of guaranty--Unconditional in absence of terms importing condition precedent.
South Dakota § 56-1-15
This text of South Dakota § 56-1-15 (Construction of guaranty--Unconditional in absence of terms importing condition precedent.) 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 § 56-1-15 (2026).
Text
A guaranty is to be deemed unconditional unless its terms import some condition precedent to the liability of the guarantor.
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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.
Nearby Sections
15
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Bluebook (online)
South Dakota § 56-1-15, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-15.