§ 56-3-1 Indemnity defined.

SD Codified L § 56-3-1 (2019) (N/A)
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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Source: SDC 1939, § 31.3101; repealed SL 1966, ch 111, § 5; re-enacted SL 1967, ch 235, § 1.