S.D. Codified Laws § 56-1-15

Current through the 2024 Legislative Session
Section 56-1-15 - Construction of guaranty-Unconditional in absence of terms importing condition precedent

A guaranty is to be deemed unconditional unless its terms import some condition precedent to the liability of the guarantor.

SDCL 56-1-15

SDC 1939, § 26.0109.