South Dakota Statutes

§ 56-2-1 — Suretyship defined.

South Dakota § 56-2-1
JurisdictionSouth Dakota
Title 56GUARANTY, SURETYSHIP AND INDEMNITY
Ch. 56-2SURETYSHIP

This text of South Dakota § 56-2-1 (Suretyship 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 § 56-2-1 (2026).

Text

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)
13 case citations
State of Wis. Inv. Bd. v. Hurst
410 N.W.2d 560 (South Dakota Supreme Court, 1987)
12 case citations
First Dakota National Bank v. BancInsure, Inc.
2014 SD 57 (South Dakota Supreme Court, 2014)
4 case citations
Landstrom v. Shaver
1996 SD 49 (South Dakota Supreme Court, 1996)
3 case citations

Legislative History

SDC 1939, § 26.0201.

Nearby Sections

15
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Bluebook (online)
South Dakota § 56-2-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/56-2-1.