North Dakota Statutes
§ 22-01-17 — Guarantor liability not revived after exoneration
The rescission of an agreement altering the original obligation of a debtor or impairing the
remedy of a creditor does not restore the liability of a guarantor who has been exonerated by
such agreement.
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Nearby Sections
15
§ 22-01-01
Definitions§ 22-01-05
When a guaranty need not be in writing§ 22-01-06.2
Surety or guarantor may withdraw within ten days§ 22-01-06.3
When account furnished surety or guarantor§ 22-01-06.4
Surety or guarantor may withdraw at any time§ 22-01-06.5
Public policy