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- 2023 Edition
- Title 56. Guaranty, Suretyship and Indemnity
- Chapter 1. Guaranty
SDCL 56-1-17 Liability of Guarantor of Conditional Obligation-Notice of Default
| Library | South Dakota Statutes |
| Edition | 2023 |
| Currency | Current through the 2023 Legislative Session |
| Year | 2023 |
| Citation | SDCL 56-1-17 |
Where one guarantees a conditional obligation his liability is commensurate with that of the principal, and he is not entitled to notice of the default of the principal unless he is unable, by the exercise of reasonable diligence, to acquire information of such default, and the creditor ...
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