Suretyship is a contract by which one who at the request of another and for the purpose of securing to him a benefit becomes responsible for the performance by the latter of some act in favor of a third person or hypothecates property as security therefor.
S.D. Codified Laws § 56-2-1
Suretyship defined
Applied in 8 court decisions — leading case Honey v. Davis (1997)
Most recently applied in First Dakota National Bank v. BancInsure, Inc. (July 2014)
Source: SDC 1939, § 26.0201.
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.