North Dakota Statutes
§ 22-03-11 — Remedies of surety - Contribution from cosureties
A surety, upon satisfying the obligations of the principal, is entitled to enforce every remedy
which the creditor then has against the principal, to the extent of reimbursing what the surety
has expended, and also to require all of the surety's cosureties to contribute thereto without
regard to the order of time in which they became such.
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North Dakota § 22-03-11 (Remedies of surety - Contribution from cosureties) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
State Bank of Streeter v. Nester
385 N.W.2d 95 (North Dakota Supreme Court, 1986)
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