<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 56-1-4 - Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2073083Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073083SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073083CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2073083Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2073083DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073083000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2073083SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2073083SCL-000002 { 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="s2073083Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=56-1-4"><span class="s2073083SENU">56-1-4</span></a><span xml:space="preserve" class="s2073083SENU">. </span><span class="s2073083CL">Requirements as to writing--Signature of guarantor--Expression of consideration unnecessary.</span></p><p dir="ltr" class="s2073083Normal-000000"><span xml:space="preserve" class="s2073083DefaultParagraphFont">Except as prescribed by §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=56-1-5"><span class="s2073083DefaultParagraphFont">56-1-5</span></a><span xml:space="preserve" class="s2073083DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=56-1-9"><span class="s2073083DefaultParagraphFont">56-1-9</span></a><span class="s2073083DefaultParagraphFont">, inclusive, a guaranty must be in writing and signed by the guarantor; but the writing need not express a consideration.</span></p><p dir="ltr" class="s2073083Normal"><span xml:space="preserve" class="s2073083000001"> </span></p><p dir="ltr" class="s2073083Normal"><span class="s2073083SCL">Source:</span><span xml:space="preserve" class="s2073083SCL-000002"> SDC 1939, § 26.0104.</span></p></div></body></html>