South Dakota Statutes

§ 56-2-1 — Suretyship defined.

South Dakota·Title 56 GUARANTY, SURETYSHIP AND INDEMNITY·Ch. 56-2 SURETYSHIP
Suretyship is a contract by which one who at the request of another and for the purpose of securing to him a benefit becomes responsible for the performance by the latter of some act in favor of a third person or hypothecates property as security therefor.

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Related

Sheehan v. Morris Irrigation
410 N.W.2d 569 (South Dakota Supreme Court, 1987)
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410 N.W.2d 560 (South Dakota Supreme Court, 1987)
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First Dakota National Bank v. BancInsure, Inc.
2014 SD 57 (South Dakota Supreme Court, 2014)
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Landstrom v. Shaver
1996 SD 49 (South Dakota Supreme Court, 1996)
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Legislative History

SDC 1939, § 26.0201.

Nearby Sections

15
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