53-9-6.1. Validation of contract limiting time for enforcement of rights under surety contracts.
45 words·~1 min read·
/sd/title-53/chapter-53-9/53-9-6-1A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Any contract provision which limits a party's time for enforcing his rights under a surety contract entered into prior to July 1, 1988, is hereby cured, legalized and validated as fully as if such contract provision had been entered into pursuant to § 53-9-6 .