North Dakota Century Code Title 22. Guaranty, Indemnity, and Suretyship § 22-03-08. Surety may require creditors to proceed against principal
Current as of January 01, 2020 | Updated by FindLaw Staff
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A surety may require the surety's creditor to proceed against the principal or to pursue any other remedy in the creditor's power which the surety cannot pursue and which would lighten the surety's burden. If the creditor neglects to do so, the surety is exonerated to the extent to which the surety is prejudiced by such neglect.
Cite this article: FindLaw.com - North Dakota Century Code Title 22. Guaranty, Indemnity, and Suretyship § 22-03-08. Surety may require creditors to proceed against principal - last updated January 01, 2020 | https://codes.findlaw.com/nd/title-22-guaranty-indemnity-and-suretyship/nd-cent-code-sect-22-03-08.html
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