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Code · South Dakota · Title 56 · Chapter 56-1

56-1-10. Acceptance of guaranty.

34 words·~1 min read·/sd/title-56/chapter-56-1/56-1-10

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A mere offer to guarantee is not binding until notice of its acceptance is communicated by the guarantee to the guarantor, but an absolute guaranty is binding upon the guarantor without notice of acceptance.
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