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Current as of January 01, 2023 | Updated by Findlaw Staff
A surety who pays the creditor is entitled to reimbursement from the principal obligor. He may not recover reimbursement until the principal obligation is due and exigible.
A surety for multiple solidary obligors may recover from any of them reimbursement of the whole amount he has paid the creditor.
Cite this article: FindLaw.com - Louisiana Civil Code Tit. XVI, Art. 3049. Surety's right of reimbursement for payment of obligation - last updated January 01, 2023 | https://codes.findlaw.com/la/civil-code/la-civ-code-tit-xvi-art-3049/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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