S.D. Codified Laws § 56-1-22
Current through the 2024 Legislative Session
A guarantor is exonerated except so far as he may be indemnified by the principal if by any act of the creditor, without the consent of the guarantor, the original obligation of the principal is altered in any respect or the remedies or rights of the creditor against the principal in respect thereto in any way impaired or suspended.
SDCL 56-1-22