North Dakota Statutes
§ 22-03-13 — Property of surety and principal hypothecated - Property of principal applied to discharge of obligation
applied to discharge of obligation.
Whenever property of a surety is hypothecated with the property of the principal, the surety
is entitled to have the property of the principal first applied to the discharge of the obligation.
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North Dakota § 22-03-13 (Property of surety and principal hypothecated - Property of principal applied to discharge of obligation) — 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