15-5-5. Venue of actions on contracts and bonds other than fidelity bond issued by domestic company.
Actions on contracts, surety bonds, or bonds of indemnity or liability, other than those referred to in §15-5-4, issued by any such company or companies shall be brought and tried in the county where the indemnified resides at the time said action is commenced; or in the county where such liability or loss indemnified by such contract or bond occurred.
Source: SDC 1939, §33.0302; SL 1943, ch 123.