South Dakota Statutes

§ 56-3-1 — Indemnity defined.

South Dakota·Title 56 GUARANTY, SURETYSHIP AND INDEMNITY·Ch. 56-3 INDEMNITY
Indemnity is a contract by which one engages to save another from a legal consequence of the conduct of one of the parties, or of some other person.

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Related

First Dakota National Bank v. BancInsure, Inc.
2014 SD 57 (South Dakota Supreme Court, 2014)
4 case citations

Legislative History

SDC 1939, § 31.3101; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 1.

Nearby Sections

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