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Current as of January 01, 2024 | Updated by FindLaw Staff
A surety is entitled to the benefit of every security for the performance of the principal obligation held by the creditor or by a cosurety at the time of entering into the contract of suretyship or acquired by the surety afterwards, whether the surety was aware of the security or not.
Cite this article: FindLaw.com - North Dakota Century Code Title 22. Guaranty, Indemnity, and Suretyship § 22-03-12. Security to which surety is entitled--Subrogation - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-22-guaranty-indemnity-and-suretyship/nd-cent-code-sect-22-03-12/
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