One who appears to be a principal whether by terms of a written instrument or otherwise may show that he is in fact a surety except as against persons who have acted on the faith of his apparent character of principal. Source: SDC 1939, § 26.0203.
SDCL § 56-2-2 — under SURETYSHIP.
SDCL § 56-2-2
One who appears to be a principal whether by terms of a written instrument or otherwise may show that he is in fact a surety except as against persons who have acted on the faith of his apparent character of principal. Source: SDC 1939, § 26.0203.