South Dakota Statutes
§ 56-1-16 — Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.
South Dakota § 56-1-16
This text of South Dakota § 56-1-16 (Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.) 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 § 56-1-16 (2026).
Text
A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.
Free access — add to your briefcase to read the full text and ask questions with AI
Related
American Prairie Construction Co. v. Tri-State Financial, LLC
529 F. Supp. 2d 1061 (D. South Dakota, 2007)
Legislative History
SDC 1939, § 26.0110.
Nearby Sections
15
Cite This Page — Counsel Stack
Bluebook (online)
South Dakota § 56-1-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-16.