Guaranty defined.

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

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56-1-1. Guaranty defined.

A guaranty is a promise to answer for the debt, default, or miscarriage of another person.

Source: SDC 1939, §26.0101.


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