PocketLaw | South Dakota Codified Laws

Obligation which renders the party making the promise the principal debtor, and the person in whose behalf it is made the surety--Writing unnecessary.

Section
56-1-7

Promise for antecedent obligation of another--Writing unnecessary.

Section
56-1-8

Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary.

Section
56-1-9

Holder of instrument for the payment of money, upon which third person liable, transferring it in payment of precedent debt entering into a promise respecting such instrument--Writing unnecessary.

Section
56-1-10

Failure to take proceedings upon principal debt does not discharge guaranty of solvency.

Section
56-1-15

Construction of guaranty--Unconditional in absence of terms importing condition precedent.

Section
56-1-16

Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.

Section
56-1-17

Liability of guarantor of conditional obligation--Notice of default.

Section
56-1-18

Obligations of guarantor--Scope and limitations.

Section
56-1-19

Liability of guarantor--Contract of principal unlawful--Personal disability of principal.

Section
56-1-20

Continuing guaranty defined.

Section
56-1-21

Revocation of continuing guaranty--Exception.

Section
56-1-22

Exoneration of guarantor--Alteration of original obligation of principal--Impairment of rights of creditors.

Section
56-1-23

Void promises do not exonerate guarantor.

Section
56-1-24

Liability of guarantor exonerated by agreement altering original obligation of debtor or impairing remedy of creditor not restored by rescission of such agreement.

Section
56-1-25

Obligation of guarantor reduced by partial satisfaction of obligation.

Section
56-1-26

Delay of creditors in enforcement of remedy--Guarantor not exonerated.

Section
56-1-27

Liability of indemnified guarantor.

Section
56-1-28

Guaranty

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Guaranty defined.

Knowledge of principal unnecessary to creation of guaranty.

Consideration--When required.

Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary.

Promise for consideration to answer for obligation of another--Writing unnecessary.

Obligation which renders the party making the promise the principal debtor, and the person in whose behalf it is made the surety--Writing unnecessary.

Promise for antecedent obligation of another--Writing unnecessary.

Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary.

Holder of instrument for the payment of money, upon which third person liable, transferring it in payment of precedent debt entering into a promise respecting such instrument--Writing unnecessary.

Acceptance of guaranty.

Guaranty of incomplete contract.

Guaranty that obligation is good or collectible.

Recovery upon guaranty that obligation is good or collectible.

Failure to take proceedings upon principal debt does not discharge guaranty of solvency.

Construction of guaranty--Unconditional in absence of terms importing condition precedent.

Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.

Liability of guarantor of conditional obligation--Notice of default.

Obligations of guarantor--Scope and limitations.

Liability of guarantor--Contract of principal unlawful--Personal disability of principal.

Continuing guaranty defined.

Revocation of continuing guaranty--Exception.

Exoneration of guarantor--Alteration of original obligation of principal--Impairment of rights of creditors.

Void promises do not exonerate guarantor.

Liability of guarantor exonerated by agreement altering original obligation of debtor or impairing remedy of creditor not restored by rescission of such agreement.

Obligation of guarantor reduced by partial satisfaction of obligation.

Delay of creditors in enforcement of remedy--Guarantor not exonerated.

Liability of indemnified guarantor.

Discharge of principal by operation of law--Guarantor not exonerated.