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Code · South Dakota · Title 56 · Chapter 56-2

56-2-12. Liability of surety limited by express terms of contract--Penalty for breach.

34 words·~1 min read·/sd/title-56/chapter-56-2/56-2-12

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

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.
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