South Dakota Statutes

§ 56-1-19 — Liability of guarantor--Contract of principal unlawful--Personal disability of principal.

South Dakota·Title 56 GUARANTY, SURETYSHIP AND INDEMNITY·Ch. 56-1 GUARANTY
A guarantor is not liable if the contract of the principal is unlawful, but he is liable notwithstanding any mere personal disability of the principal, though the disability be such as to make the contract void against the principal.

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South Dakota § 56-1-19 (Liability of guarantor--Contract of principal unlawful--Personal disability of principal.) — 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)
20 case citations

Legislative History

SDC 1939, § 26.0113.

Nearby Sections

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