S.D. Codified Laws § 56-1-18

Current through the 2024 Legislative Session
Section 56-1-18 - Obligations of guarantor-Scope and limitations

The obligation of a guarantor must be neither larger in amount nor in other respects more burdensome than that of the principal, and if in its terms it exceeds it, it is reducible in proportion to the principal obligation.

SDCL 56-1-18

SDC 1939, § 26.0112.