South Dakota Codified Laws 56-2-4. Rights of a surety same as guarantor
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A surety has all the rights of a guarantor whether he becomes personally responsible or not.
Terms Used In South Dakota Codified Laws 56-2-4
- Guarantor: A party who agrees to be responsible for the payment of another party's debts should that party default. Source: OCC
Source: SDC 1939, § 26.0206.