ARTICLE 4. Liability of Sureties [2806. - 2811.]
Heading of Article 4 amended by Stats. 1939, Ch. 453.
§§ 2806–2811 · 6 sections
- § 2806 A suretyship obligation is to be deemed unconditional unless its terms import some condition precedent to the liability of the surety.
- § 2807 A surety who has assumed liability for payment or performance is liable to the creditor immediately upon the default of the principal, and without demand or…
- § 2808 Where one assumes liability as surety upon a conditional obligation, his liability is commensurate with that of the principal, and he is not entitled to notice…
- § 2809 The obligation of a surety must be neither larger in amount nor in other respects more burdensome than that of the principal; and if in its terms it exceeds…
- § 2810 A surety is liable, notwithstanding any mere personal disability of the principal, though the disability be such as to make the contract void against the…
- § 2811 Any party required to give a bond undertaking or other obligation may agree with his surety for the deposit of any money and assets for which the surety is…