N.D. Cent. Code § 22-01-15: When guarantor exonerated
Where this section sits in the code
- Title 22 Guaranty, Indemnity, And Suretyship
- Chapter 22-01 Guaranty
A guarantor is exonerated, except insofar as the guarantor may be indemnified by the principal, if, by any act of the creditor without the consent of the guarantor:
1.The original obligation of the principal is altered in any respect; or
2.The remedies or rights of the creditor against the principal in respect thereto are impaired or suspended in any manner.
Collected 2026-09-02T21:04:14Z. Source file · JSON