California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 13 — Suretyship, Article 3 — Interpretation of Suretyship, Section 2802
In the cases mentioned in Section 2800, the removal of the principal from the State, leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal in its effect upon the rights and obligations of the guarantor.
Notes
Establishes that in the cases mentioned in Section 2800, the removal of the principal from the State, leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal in its effect upon the rights and obligations of the guarantor.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2802 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-13/article-3/section-2802