South Dakota Statutes

§ 56-1-18 — Obligations of guarantor--Scope and limitations.

South Dakota § 56-1-18
JurisdictionSouth Dakota
Title 56GUARANTY, SURETYSHIP AND INDEMNITY
Ch. 56-1GUARANTY

This text of South Dakota § 56-1-18 (Obligations of guarantor--Scope and limitations.) 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 § 56-1-18 (2026).

Text

The obligation of a guarantor must be neither larger in amount nor in other respects more burdensome than that of the principal, and if in its terms it exceeds it, it is reducible in proportion to the principal obligation.

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Related

International Multifoods Corp. v. Mardian
379 N.W.2d 840 (South Dakota Supreme Court, 1985)
20 case citations
Richter v. Industrial Finance Co. Inc.
221 N.W.2d 31 (South Dakota Supreme Court, 1974)
20 case citations
Pszanka v. Sutton Living Trust
(D. South Dakota, 2017)

Legislative History

SDC 1939, § 26.0112.

Nearby Sections

15
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Bluebook (online)
South Dakota § 56-1-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-18.