South Dakota Statutes

§ 56-3-14 — Application of stipulation as to conclusiveness of judgment against person indemnified upon indemnitor.

South Dakota·Title 56 GUARANTY, SURETYSHIP AND INDEMNITY·Ch. 56-3 INDEMNITY
A stipulation that a judgment against the person indemnified shall be conclusive upon the person indemnifying, is inapplicable, unless a contrary intention appears, if the person indemnified had a good defense upon the merits, which, by want of ordinary care, he failed to establish in the action.

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South Dakota § 56-3-14 (Application of stipulation as to conclusiveness of judgment against person indemnified upon indemnitor.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SDC 1939, § 31.3107 (7); repealed SL 1966, ch 111, § 5; re

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