State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-02 > Statute-56-2-7

56-2-7. Property of principal first resorted to. Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.

Source: SDC 1939, § 26.0212.

State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-02 > Statute-56-2-7

56-2-7. Property of principal first resorted to. Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.

Source: SDC 1939, § 26.0212.