Discharge of principal by operation of law--Guarantor not exonerated.

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  5. Discharge of principal by operation of law--Guarantor not exonerated.

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56-1-28. Discharge of principal by operation of law--Guarantor not exonerated.

A guarantor is not exonerated by the discharge of his principal by operation of law without the intervention or omission of the creditor.

Source: SDC 1939, §26.0122.


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