California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 13 — Suretyship, Article 3 — Interpretation of Suretyship, Section 2801
A guaranty, such as is mentioned in the last section, is not discharged by an omission to take proceedings upon the principal debt, or upon any collateral security for its payment, if no part of the debt could have been collected thereby.
Notes
Establishes that a guaranty, such as is mentioned in the last section, is not discharged by an omission to take proceedings upon the principal debt, or upon any collateral security for its payment, if no part of the debt could have been collected thereby.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2801 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-13/article-3/section-2801