Validation of contract limiting time for enforcement of rights under surety contracts.

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53-9-6.1. Validation of contract limiting time for enforcement of rights under surety contracts.

Any contract provision which limits a party's time for enforcing his rights under a surety contract entered into prior to July 1, 1988, is hereby cured, legalized and validated as fully as if such contract provision had been entered into pursuant to §53-9-6.

Source: SL 1988, ch 382, §2.


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