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S.D. Codified Laws § 56-1-28

Discharge of principal by operation of law--Guarantor not exonerated

Source: SDC 1939, § 26.0122.

A guarantor is not exonerated by the discharge of his principal by operation of law without the intervention or omission of the creditor.

Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.