Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-01 - GUARANTY
Section 22-01-21 - Discharge of principal by operation of law does not constitute exoneration

N.D. Cent. Code § 22-01-21

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Current through 2024 Legislative Session
Section 22-01-21 - Discharge of principal by operation of law does not constitute exoneration

A guarantor is not exonerated by the discharge of the guarantor's principal by operation of law without the intervention or omission of the creditor.

N.D.C.C. § 22-01-21