Indiana Statutes
§ 34-22-1-2 — Discharge of surety
Indiana § 34-22-1-2
JurisdictionIndiana
Title 34CIVIL LAW AND PROCEDURE
Art. 22CAUSES OF ACTION: SURETY'S REMEDIES
Ch. 1Remedies of Sureties Against Their Principals
This text of Indiana § 34-22-1-2 (Discharge of surety) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 34-22-1-2 (2026).
Text
If the creditor or obligee does not:
(1)proceed within a reasonable time to bring an action upon the
contract; and
(2)prosecute the action to judgment and execution;
the surety is discharged from all liability on the contract.
[Pre-1998 Recodification Citation: 34-1-55-2.]
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Legislative History
As added by P.L.1-1998, SEC.17.
Nearby Sections
15
§ 34-10-1-2
Assignment of attorney§ 34-10-1-3
Filing of claim by an offender with three prior actions dismissed as
frivolous; exception§ 34-10-2-1
Application of chapter§ 34-10-2-2
Annulment of order§ 34-11-2-1
Employment related actions§ 34-11-2-10
Enforcement of child support obligations§ 34-11-2-10.5
Employment related action by volunteer firefighter or member of
volunteer emergency medical services association§ 34-11-2-11
Written contract actions§ 34-11-2-11.5
Recovery of certain costs§ 34-11-2-13
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Bluebook (online)
Indiana § 34-22-1-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/34-22-1-2.