<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 43-39-27 - Indemnification of depository by depositor. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2065675Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2065675SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065675CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2065675Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2065675DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2065675Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2065675000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2065675SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2065675SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2065675Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=43-39-27"><span class="s2065675SENU">43-39-27</span></a><span xml:space="preserve" class="s2065675SENU">. </span><span class="s2065675CL">Indemnification of depository by depositor.</span></p><p dir="ltr" class="s2065675Normal-000000"><span class="s2065675DefaultParagraphFont">A depositor must indemnify the depository:</span></p><p dir="ltr" class="s2065675Normal-000001"><span class="s2065675DefaultParagraphFont">(1)    For all damage caused to him by the defects or vices of the thing deposited; and</span></p><p dir="ltr" class="s2065675Normal-000001"><span class="s2065675DefaultParagraphFont">(2)    For all expenses necessarily incurred by him about the thing, other than such as are involved in the nature of the undertaking.</span></p><p dir="ltr" class="s2065675Normal"><span xml:space="preserve" class="s2065675000002"> </span></p><p dir="ltr" class="s2065675Normal"><span class="s2065675SCL">Source:</span><span xml:space="preserve" class="s2065675SCL-000003"> CivC 1877, § 1045; CL 1887, § 3669; RCivC 1903, § 1364; RC 1919, § 981; SDC 1939, § 60.0102 (7).</span></p></div></body></html>