North Dakota Statutes

§ 22-03-10 — Reimbursement of surety by principal - Claims for reimbursement against others

North Dakota·Title 22 Guaranty, Indemnity, and Suretyship·Ch. 22-03 Suretyship
others. If a surety satisfies the principal obligation, or any part thereof, with or without legal proceedings, the principal is bound to reimburse the surety for what the surety has disbursed, including necessary costs and expenses. A surety has no claim, however, for reimbursement against other persons though they may have been benefited by the surety's act, except as prescribed by section 22-03-11.

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Related

Wagner v. Sheridan County Social Services Board
518 N.W.2d 724 (North Dakota Supreme Court, 1994)
18 case citations

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