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Whenever a surety, or his representative, shall pay the debt of his deceased principal, the claim thus accruing shall have such priority in the administration of the assets of the principal as had the debt before its payment.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 26. Suretyship § 26-4. Subrogation of surety paying debt of deceased principal - last updated January 01, 2020 | https://codes.findlaw.com/nc/chapter-26-suretyship/nc-gen-st-sect-26-4.html
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