GroundRules
18 GCA § 32306: Surety Entitled to Benefits of Securities held by Creditors.
Where this section sits in the code
- Title 18: Business Structure and Function
- Division 2 - Commercial and Business Obligations
- Part 1 - Third-Party Obligations
- Chapter 32: Suretyship
- ARTICLE 3: RIGHTS OF SURETIES
A surety is entitled to the benefit of every security for the performance of the principal obligation held by the creditor, or by a co-surety at the time of entering into the contract of suretyship, or acquired by him afterwards, whether the surety was aware of the security or not.
Collected 2026-09-27T03:56:08Z. Source file · JSON