South Dakota § 56-1-24 Liability of guarantor exonerated by agreement altering original obligation of debtor or impairing remedy of creditor not restored by rescission of such agreement.

South Dakota Statutes

§ 56-1-24 — Liability of guarantor exonerated by agreement altering original obligation of debtor or impairing remedy of creditor not restored by rescission of such agreement.

South Dakota § 56-1-24

Title 56GUARANTY, SURETYSHIP AND INDEMNITY

Ch. 56-1GUARANTY

This text of South Dakota § 56-1-24 (Liability of guarantor exonerated by agreement altering original obligation of debtor or impairing remedy of creditor not restored by rescission of such agreement.) 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 § 56-1-24 (2026).

Text

The rescission of an agreement altering the original obligation of a debtor or impairing the remedy of a creditor does not restore the liability of a guarantor who has been exonerated by such agreement.

Free access — add to your briefcase to read the full text and ask questions with AI