A guaranty is a promise to answer for the debt, default, or miscarriage of another person.
S.D. Codified Laws § 56-1-1
Guaranty defined
Applied in 9 court decisions — leading case Taggart v. Ford Motor Credit Co. (1990)
Most recently applied in First Dakota National Bank v. Graham (May 2015)
Source: SDC 1939, § 26.0101.
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.