South Dakota Codified Laws
Title 56 - Guaranty, Suretyship and Indemnity
Chapter 02 - Suretyship

Section 56-2-1 - Suretyship defined. - 56-2-1. Suretyship defined. Suretyship is a contract by which one...

Section 56-2-2 - Apparent principal may show that he is a surety. - 56-2-2. Apparent principal may show that he is a surety....

Section 56-2-3 - Joint control of deposits of assets--Agreement between insured and surety--Withdrawal procedure. - 56-2-3. Joint control of deposits of assets--Agreement between insured and...

Section 56-2-4 - Rights of a surety same as guarantor. - 56-2-4. Rights of a surety same as guarantor. A surety...

Section 56-2-5 - Performance of obligation when due by principal--Compelling by surety. - 56-2-5. Performance of obligation when due by principal--Compelling by surety....

Section 56-2-6 - Neglect of creditor to proceed against principal at request of surety--Surety exonerated to the extent which he is prejudiced. - 56-2-6. Neglect of creditor to proceed against principal at request...

Section 56-2-7 - Property of principal first resorted to. - 56-2-7. Property of principal first resorted to. Whenever property of...

Section 56-2-8 - Surety exonerated in like manner with guarantor. - 56-2-8. Surety exonerated in like manner with guarantor. A surety...

Section 56-2-9 - Surety exonerated by performance or offer of performance. - 56-2-9. Surety exonerated by performance or offer of performance. A...

Section 56-2-10 - Surety exonerated to extent prejudiced by act of creditor. - 56-2-10. Surety exonerated to extent prejudiced by act of creditor....

Section 56-2-11 - Surety exonerated to extent prejudiced by omission of creditor. - 56-2-11. Surety exonerated to extent prejudiced by omission of creditor....

Section 56-2-12 - Liability of surety limited by express terms of contract--Penalty for breach. - 56-2-12. Liability of surety limited by express terms of contract--Penalty...

Section 56-2-13 - Suretyship relation not changed by creditor's judgment against surety. - 56-2-13. Suretyship relation not changed by creditor's judgment against surety....

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

Section 56-2-17 - Surety subrogated to rights of creditor. - 56-2-17. Surety subrogated to rights of creditor. If the duty...