South Dakota Statutes

§ 56-1-20 — Continuing guaranty defined.

South Dakota § 56-1-20
JurisdictionSouth Dakota
Title 56GUARANTY, SURETYSHIP AND INDEMNITY
Ch. 56-1GUARANTY

This text of South Dakota § 56-1-20 (Continuing guaranty defined.) 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 § 56-1-20 (2026).

Text

A guaranty relating to a future liability of the principal, under successive transactions which either continue his liability or from time to time renew it after it has been satisfied, is called a continuing guaranty.

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Legislative History

SDC 1939, § 26.0114.

Nearby Sections

15
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Bluebook (online)
South Dakota § 56-1-20, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-1-20.