California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 13 — Suretyship, Article 6 — Exoneration of Sureties, Section 2823
Mere delay on the part of a creditor to proceed against the principal, or to enforce any other remedy, does not exonerate a surety.
Notes
Sets that a creditor’s mere delay in proceeding against the principal or enforcing another remedy does not exonerate a surety. The surety therefore remains subject to the surety obligation despite that delay, whether the creditor postpones action against the principal or postpones enforcement of another available remedy.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 2823 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-13/article-6/section-2823