State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-03 > Statute-56-3-1

56-3-1. "Indemnity" defined. Indemnity is a contract by which one engages to save another from a legal consequence of the conduct of one of the parties, or of some other person.

Source: SDC 1939, § 31.3101; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 1.

State Codes and Statutes

Statutes > South-dakota > Title-56 > Chapter-03 > Statute-56-3-1

56-3-1. "Indemnity" defined. Indemnity is a contract by which one engages to save another from a legal consequence of the conduct of one of the parties, or of some other person.

Source: SDC 1939, § 31.3101; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 1.