Sections
7 entriesSection 2819Allows a surety is exonerated, except so far as he or she to be indemnified by the principal, if by any act…Section 2820Prohibits that a promise by a creditor is for any cause void, or voidable by him at his option, from preventing it…Section 2821Establishes that rescinding an agreement that altered a debtor's original obligation or impaired a creditor's remedy does not restore a surety's liability…Section 2822Allows however, if the surety is liable upon only a portion of an obligation and the principal provides partial satisfaction of the…Section 2823Sets that a creditor’s mere delay in proceeding against the principal or enforcing another remedy does not exonerate a surety. The surety…Section 2824Allows a surety, who has been indemnified by the principal, is liable to the creditor to the extent of the indemnity, notwithstanding…Section 2825Establishes that a surety is not exonerated merely because the principal is discharged by operation of law when the creditor neither intervened…