South Dakota Codified Laws 53-9-6.1. Validation of contract limiting time for enforcement of rights under surety contracts
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Any contract provision which limits a party’s time for enforcing his rights under a surety contract entered into prior to July 1, 1988, is hereby cured, legalized and validated as fully as if such contract provision had been entered into pursuant to § 53-9-6.
Terms Used In South Dakota Codified Laws 53-9-6.1
- Contract: A legal written agreement that becomes binding when signed.
Source: SL 1988, ch 382, § 2.