South Dakota Statutes
§ 56-1-6 — Obligation which renders the party making the promise the principal debtor, and the person in whose behalf it is made the surety--Writing unnecessary.
A promise to answer for the obligation of another is deemed an original obligation of the promiser and need not be in writing where the creditor parts with value or enters into an obligation, in consideration of the obligation in respect to which the promise is made, in terms or under circumstances such as to render the party making the promise the principal debtor, and the person in whose behalf it is made his surety.
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South Dakota § 56-1-6 (Obligation which renders the party making the promise the principal debtor, and the person in whose behalf it is made the surety--Writing unnecessary.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
American Prairie Construction Co. v. Hoich
560 F.3d 780 (Eighth Circuit, 2009)
Cargill, Inc. v. American Pork Producers, Inc.
426 F. Supp. 499 (D. South Dakota, 1977)
Atwood-Kellogg, Inc. v. Nickeson Farms
1999 SD 148 (South Dakota Supreme Court, 1999)
American Prairie Construction Co. v. Tri-State Financial, LLC
529 F. Supp. 2d 1061 (D. South Dakota, 2007)
American Prairie, etc. v. Tri-State Financial
(Eighth Circuit, 2009)
Legislative History
SDC 1939, § 26.0105 (2).