S.D. Codified Laws § 56-1-12

Current with legislation signed by the governor on or before 3/6/2024
Section 56-1-12 - Guaranty that obligation is good or collectible

A guaranty to the effect that an obligation is good or is collectible imports that the debtor is solvent and that the demand is collectible by the usual legal proceedings, if taken with reasonable diligence.

SDCL 56-1-12

SDC 1939, § 26.0108.