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

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  2. South Dakota Codified Laws
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  5. Delay of creditors in enforcement of remedy--Guarantor not exonerated.

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56-1-26. Delay of creditors in enforcement of remedy--Guarantor not exonerated.

Mere delay on the part of a creditor to proceed against the principal or to enforce any other remedy does not exonerate a guarantor.

Source: SDC 1939, §26.0120.


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