California Law (Last Updated: March 4, 2014) |
Civil Code - CIV |
Division 3. OBLIGATIONS |
Part 4. OBLIGATIONS ARISING FROM PARTICULAR TRANSACTIONS |
Title 13. SURETYSHIP |
ARTICLE 6. Exoneration of Sureties |
Section 2824.
Latest version.
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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 assent of the surety, may have modified the contract or released the principal.
(Amended by Stats. 1939, Ch. 453.)