Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary.

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  2. South Dakota Codified Laws
  3. Guaranty, Suretyship and Indemnity
  4. Guaranty
  5. Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary.

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56-1-4. Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary.

Except as prescribed by §§56-1-5 to 56-1-9, inclusive, a guaranty must be in writing and signed by the guarantor; but the writing need not express a consideration.

Source: SDC 1939, §26.0104.


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