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SOUTH DAKOTA STATUTES AND CODES
Section 56-1-16 - Liability of guarantor--Time of accrual--Default of principal--Demand or noticeunnecessary.
56-1-16. Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary. A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.
Source: SDC 1939, § 26.0110.
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