Title 10. COMMERCE AND TRADE · Chapter 7. SURETYSHIP · Article 2. RELATIVE RIGHTS OF CREDITOR AND SURETY
10-7-25. Extending liability.
Current through: Including Acts of the 2025 Regular Session of the General Assembly.
The creditor shall pursue his remedy against the surety within the time prescribed by law; and no payment or promise by the principal or by a cosurety shall extend the obligation of the surety or the remedy of the creditor against him.
History
Orig. Code 1863, § 2135; Code 1868, § 2130; Code 1873, § 2157; Code 1882, § 2157; Civil Code 1895, § 2975; Civil Code 1910, § 3547; Code 1933, § 103-206.
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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 1195; merge action: carried; file SHA-256 7afbade16da7.
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