A surety is exonerated in like manner with the guarantor.
S.D. Codified Laws § 56-2-8
Surety exonerated in like manner with guarantor
Applied in 1 court decision — leading case First Dakota National Bank v. Maxon (1995)
Most recently applied in First Dakota National Bank v. Maxon (June 1995)
Source: SDC 1939, § 26.0205 (1).
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.