ARTICLE 6. Exoneration of Sureties [2819. - 2825.]
Heading of Article 6 amended by Stats. 1939, Ch. 453.
§§ 2819–2825 · 7 sections
- § 2819 A surety is exonerated, except so far as he or she may be indemnified by the principal, if by any act of the creditor, without the consent of the surety the…
- § 2820 That a promise by a creditor is for any cause void, or voidable by him at his option, shall not prevent it from altering the obligation or suspending or…
- § 2821 The rescission of an agreement altering the original obligation of a debtor, or impairing the remedy of a creditor, does not restore the liability of a surety…
- § 2822 (a) The acceptance, by a creditor, of anything in partial satisfaction of an obligation, reduces the obligation of a surety thereof, in the same measure as…
- § 2823 Mere delay on the part of a creditor to proceed against the principal, or to enforce any other remedy, does not exonerate a surety.
- § 2824 A surety, who has been indemnified by the principal, is liable to the creditor to the extent of the indemnity, notwithstanding that the creditor, without the…
- § 2825 A surety is not exonerated by the discharge of his principal by operation of law, without the intervention or omission of the creditor.