Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-03 - SURETYSHIP
Section 22-03-08 - Surety may require creditors to proceed against principal

N.D. Cent. Code § 22-03-08

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Current through 2024 Legislative Session
Section 22-03-08 - Surety may require creditors to proceed against principal

A surety may require the surety's creditor to proceed against the principal or to pursue any other remedy in the creditor's power which the surety cannot pursue and which would lighten the surety's burden. If the creditor neglects to do so, the surety is exonerated to the extent to which the surety is prejudiced by such neglect.

N.D.C.C. § 22-03-08