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

56-1-16. Liability of guarantor--Time of accrual--Default of principal--Demand or notice unnecessary.

23 words·~1 min read·/sd/title-56/chapter-56-1/56-1-16

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A guarantor of payment or performance is liable to the guarantee immediately upon the default of the principal and without demand or notice.
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