GroundRules
28-11-411: Extent of surety's liability.
Where this section sits in the code
- TITLE 28. CONTRACTS AND OTHER OBLIGATIONS
- CHAPTER 11. GUARANTY, INDEMNITY, AND SURETYSHIP
- Part 4. Suretyship
A surety cannot be held beyond the express terms of the surety's contract, and if the contract prescribes a penalty for breach, the surety cannot in any case be liable for more than the penalty.
Collected 2026-09-14T04:50:48Z. Source file · JSON