North Dakota Statutes
§ 22-03-08 — Surety may require creditors to proceed against principal
A surety may require the surety's creditor to proceed against the principal or to pursue any
other remedy in the creditor's power which the surety cannot pursue and which would lighten
the surety's burden. If the creditor neglects to do so, the surety is exonerated to the extent to
which the surety is prejudiced by such neglect.
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North Dakota § 22-03-08 (Surety may require creditors to proceed against principal) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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