GroundRules
N.D. Cent. Code § 22-01-18: Reduction of obligation by partial performance
Where this section sits in the code
- Title 22 Guaranty, Indemnity, And Suretyship
- Chapter 22-01 Guaranty
The acceptance by a creditor of anything in partial satisfaction of an obligation reduces the obligation of a guarantor thereof in the same measure as that of the principal, but does not otherwise affect it.
Collected 2026-09-02T21:04:14Z. Source file · JSON