Find Laws Find Lawyers Free Legal Forms USA State Laws
Statutes > South Dakota Laws > Title 56 - GUARANTY, SURETYSHIP AND INDEMNITY > Chapter 02 - Suretyship > Section 56-2-12 - Liability of surety limited by express terms of contract--Penalty for breach.

STATE STATUTES & CODES

SOUTH DAKOTA STATUTES AND CODES

Section 56-2-12 - Liability of surety limited by express terms of contract--Penalty for breach.

56-2-12. Liability of surety limited by express terms of contract--Penalty for breach. A surety cannot be held beyond the express terms of his contract, and if such contract prescribes a penalty for its breach, he cannot in any case be liable for more than the penalty.

Source: SDC 1939, § 26.0202.

South Dakota Forms by Issue

South Dakota Court Forms
> Personal Protection
South Dakota Divorce Forms
South Dakota Family Forms
South Dakota Name Change Forms
South Dakota Parental Notification Forms

South Dakota Law

South Dakota State Laws
    > South Dakota Child Support
    > South Dakota Gun Laws
    > South Dakota Statute
South Dakota Tax
    > South Dakota State Tax
South Dakota Agencies
    > South Dakota Department of Labor

South Dakota Court Map

Tips