§ 15-383. Security, rights of surety as to.  


Latest version.
  • A surety is entitled to the benefit of every security for the performance of the principal obligation, held by the creditor or by a cosurety, at the time of entering into the contract of suretyship, or acquired by him afterwards, whether the surety was aware of the security or not.

R.L.1910, § 1062.