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Statutes > South Dakota Laws > Title 56 - GUARANTY, SURETYSHIP AND INDEMNITY > Chapter 01 - Guaranty > Section 56-1-26 - Delay of creditors in enforcement of remedy--Guarantor not exonerated.

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SOUTH DAKOTA STATUTES AND CODES

Section 56-1-26 - Delay of creditors in enforcement of remedy--Guarantor not exonerated.

56-1-26. Delay of creditors in enforcement of remedy--Guarantor not exonerated. Mere delay on the part of a creditor to proceed against the principal or to enforce any other remedy does not exonerate a guarantor.

Source: SDC 1939, § 26.0120.

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