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South Dakota Codified Laws

Chapter 56-2

S.D. Codified Laws ch. 56-2

Suretyship

56-2-1Suretyship defined.56-2-2Apparent principal may show that he is a surety.56-2-3Joint control of deposits of assets--Agreement between insured and surety--Withdrawal procedure.56-2-4Rights of a surety same as guarantor.56-2-5Performance of obligation when due by principal--Compelling by surety.56-2-6Neglect of creditor to proceed against principal at request of surety--Surety exonerated to the extent which he is prejudiced.56-2-7Property of principal first resorted to.56-2-8Surety exonerated in like manner with guarantor.56-2-9Surety exonerated by performance or offer of performance.56-2-10Surety exonerated to extent prejudiced by act of creditor.56-2-11Surety exonerated to extent prejudiced by omission of creditor.56-2-12Liability of surety limited by express terms of contract--Penalty for breach.56-2-13Suretyship relation not changed by creditor's judgment against surety.56-2-14Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons.56-2-15RepealedRepealed 56-2-17Surety subrogated to rights of creditor.