43-39-27. Indemnification of depository by depositor.
46 words·~1 min read·
/sd/title-43/chapter-43-39/43-39-27A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A depositor must indemnify the depository:
(1)For all damage caused to him by the defects or vices of the thing deposited; and
(2)For all expenses necessarily incurred by him about the thing, other than such as are involved in the nature of the undertaking.