California § 996.490. 996.490. (Added by Stats. 1982, Ch. 998, Sec. 1.)

California Statutes

§ 996.490. — 996.490. (Added by Stats. 1982, Ch. 998, Sec. 1.)

California·Code CCP Code of Civil Procedure - CCP·Title 14.·Part 2. TITLE 14. OF MISCELLANEOUS PROVISIONS·Ch. 2. CHAPTER 2. Bonds and Undertakings·Art. 14. ARTICLE 14. Liability of Principal and Sureties

(a)Payment by a surety of the amount of a bond constitutes a full discharge of all the liability of the surety on the bond.

(b)Each surety is liable to contribution to cosureties who have made payment in proportion to the amount for which each surety is liable.

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California § 996.490. (996.490. (Added by Stats. 1982, Ch. 998, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.