California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 13 — Suretyship, Article 4 — Liability of Sureties, Section 2808
Where one assumes liability as surety upon a conditional obligation, his liability is commensurate with that of the principal, and he is not entitled to notice of the default of the principal, unless he is unable, by the exercise of reasonable diligence, to acquire information of such default, and the creditor has actual notice thereof.
Notes
Limits a surety on a conditional obligation to liability commensurate with the principal's liability and generally bars entitlement to notice of the principal's default. Allows notice protection when the surety cannot learn of the default through reasonable diligence and the creditor has actual notice of the default.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2808 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-13/article-4/section-2808