Virginia Statutes
§ 11-11 — Crediting contract; surety
When such compounding or compromise is made, the contract or obligation shall be credited with a full share of the party released, except where the compounding or compromise is with a surety or cosurety, and in that case, as between the creditor and principal, the credit shall be for the sum actually paid by the compounding debtor.
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Legislative History
Code 1919, § 5764.
Nearby Sections
15
§ 11-11
Crediting contract; surety§ 11-14
Gaming contracts void§ 11-16.1
Exemption from the chapter§ 11-16.2
Exemption; authorized sports betting§ 11-17
Repealed§ 11-17.1
Expired§ 11-18
Repealed