SDCL 56-2-14 Satisfaction of Principal Obligation By Surety-Reimbursement, Exception As to Other Persons

LibrarySouth Dakota Statutes
Edition2023
CurrencyCurrent through the 2023 Legislative Session
Year2023
CitationSDCL 56-2-14

If a surety satisfies the principal obligation or any part thereof, whether with or without legal proceedings, the principal is bound to reimburse what he has disbursed including necessary costs and expenses, but the surety has no claim for reimbursement against other persons, though they may have been benefit...

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