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S.D. Codified Laws § 56-1-4

Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary

Applied in 5 court decisions — leading case Western Petroleum Co. v. First Bank Aberdeen (N.A.) (1985)

Most recently applied in In Re the Estate of Cullum (November 2015)

Source: SDC 1939, § 26.0104.

How often courts cite this section

19771980199020002010201520
citing decisions per year

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.

Except as prescribed by §§ 56-1-5 to 56-1-9, inclusive, a guaranty must be in writing and signed by the guarantor; but the writing need not express a consideration.

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