Official Code of Georgia Annotated
Title 10. COMMERCE AND TRADE · Chapter 7. SURETYSHIP · Article 1. CONTRACT OF SURETYSHIP
10-7-2. Nature of obligation of surety.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
The obligation of the surety is accessory to that of his principal; and, if the latter from any cause becomes extinct, the former shall cease of course, even though it is in judgment. If, however, the original contract of the principal was invalid from a disability to contract and this disability was known to the surety, he shall still be bound.
History
Orig. Code 1863, § 2126; Code 1868, § 2121; Code 1873, § 2149; Code 1882, § 2149; Civil Code 1895, § 2967; Civil Code 1910, § 3539; Code 1933, § 103-102.
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Current through: Including Acts of the 2025 Regular Session of the General Assembly.
Text read from t10-(v8)-2024-pdf.pdf, Volume V8, 2024 edition, page 1148; merge action: carried; file SHA-256 7afbade16da7.