Indemnity against liability--Recovery by person indemnified

Upon an indemnity against liability, expressly, or in other equivalent terms, unless a contrary intention appears, the person indemnified is entitled to recover upon becoming liable. Source: SDC 1939, § 31.3107 (1); repealed SL 1966, ch 111, § 5; re - enacted SL 1967, ch 235, § 7 (1).