Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-03 - SURETYSHIP
Section 22-03-13 - Property of surety and principal hypothecated - Property of principal applied to discharge of obligation

N.D. Cent. Code § 22-03-13

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Current through 2024 Legislative Session
Section 22-03-13 - Property of surety and principal hypothecated - Property of principal applied to discharge of obligation

Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.

N.D.C.C. § 22-03-13