If a surety satisfies the principal obligation or any part thereof, whether with or without legal proceedings, the principal is bound to reimburse what he has disbursed including necessary costs and expenses, but the surety has no claim for reimbursement against other persons, though they may have been benefited by his act, except as prescribed by § 56-2-15.
S.D. Codified Laws § 56-2-14
Satisfaction of principal obligation by surety--Reimbursement, exception as to other persons
Applied in 3 court decisions — leading case City of Lemmon v. United States Fidelity & Guaranty Co. (1980)
Most recently applied in Western Surety Co. v. First Bank of South Dakota, N.A. (August 1988)
Source: SDC 1939, § 26.0209.
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.