South Dakota Statutes

§ 56-1-15 — Construction of guaranty--Unconditional in absence of terms importing condition precedent.

South Dakota § 56-1-15
JurisdictionSouth Dakota
Title 56GUARANTY, SURETYSHIP AND INDEMNITY
Ch. 56-1GUARANTY

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)
20 case citations
American Prairie Construction Co. v. Tri-State Financial, LLC
529 F. Supp. 2d 1061 (D. South Dakota, 2007)
2 case citations

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.