S.D. Codified Laws § 56-2-12

Current through the 2024 Legislative Session
Section 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.

SDCL 56-2-12

SDC 1939, § 26.0202.