South Dakota § 56-2-14 Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons.

South Dakota Statutes

§ 56-2-14 — Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons.

South Dakota § 56-2-14

Title 56GUARANTY, SURETYSHIP AND INDEMNITY

Ch. 56-2SURETYSHIP

This text of South Dakota § 56-2-14 (Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons.) 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 § 56-2-14 (2026).

Text

If a surety satisfies the principal obligation or any part thereof, whether with or without legal proceedings, the principal is bound to reimburse what he has disbursed including necessary costs and expenses, but the surety has no claim for reimbursement against other persons, though they may have been benefited by his act, except as prescribed by § 56-2-15 .

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