State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-02 > Statute-56-2-12

56-2-12. Liability of surety limited by express terms of contract--Penalty for breach. A surety cannot be held beyond the express terms of his contract, and if such contract prescribes a penalty for its breach, he cannot in any case be liable for more than the penalty.

Source: SDC 1939, § 26.0202.

State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-02 > Statute-56-2-12

56-2-12. Liability of surety limited by express terms of contract--Penalty for breach. A surety cannot be held beyond the express terms of his contract, and if such contract prescribes a penalty for its breach, he cannot in any case be liable for more than the penalty.

Source: SDC 1939, § 26.0202.