South Dakota Codified Laws 56-2-9. Surety exonerated by performance or offer of performance
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A surety is exonerated by performance of the principal obligation or tender of such performance duly made as provided in this code.
Terms Used In South Dakota Codified Laws 56-2-9
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Source: SDC 1939, § 26.0205 (2).