GroundRules
28-11-213: Guarantor not exonerated by delay of creditor.
Where this section sits in the code
- TITLE 28. CONTRACTS AND OTHER OBLIGATIONS
- CHAPTER 11. GUARANTY, INDEMNITY, AND SURETYSHIP
- Part 2. Guaranty -- Liability and Exoneration of Guarantor
Mere delay on the part of a creditor to proceed against the principal or to enforce any other remedy does not exonerate a guarantor.
Collected 2026-09-14T04:50:47Z. Source file · JSON