S.D. Codified Laws § 56-1-25

Current with legislation signed by the governor on or before 3/6/2024
Section 56-1-25 - Obligation of guarantor reduced by partial satisfaction of obligation

The acceptance by a creditor of anything in partial satisfaction of an obligation reduces the obligation of a guarantor thereof in the same measure as that of the principal, but does not otherwise affect it.

SDCL 56-1-25

SDC 1939, § 26.0119.