Suretyship

  1. Law
  2. South Dakota Codified Laws
  3. Guaranty, Suretyship and Indemnity
  4. Suretyship

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Section
56-2-1

Suretyship defined.

Section
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.

Section
56-2-4

Rights of a surety same as guarantor.

Section
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.

Section
56-2-7

Property of principal first resorted to.

Section
56-2-8

Surety exonerated in like manner with guarantor.

Section
56-2-9

Surety exonerated by performance or offer of performance.

Section
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.

Section
56-2-12

Liability of surety limited by express terms of contract--Penalty for breach.

Section
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.

Section
56-2-15

56-2-16. Repealed.

Section
56-2-17

Surety subrogated to rights of creditor.