Virginia Statutes
§ 11-11 — Crediting contract; surety
Virginia § 11-11
This text of Virginia § 11-11 (Crediting contract; surety) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 11-11 (2026).
Text
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Repealed§ 11-17.1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
RepealedCite This Page — Counsel Stack
Bluebook (online)
Virginia § 11-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/11/11-11.