§ 18-483. Surety contracts, liberal construction of.  


Latest version.
  • The rule of the common law requiring a strict construction of the obligations of a surety shall have no application to the obligations of a surety or guarantor or indemnitor for hire, but all such obligations shall be liberally construed in accordance with the rules of the general law applicable to policies of insurance.

R.L.1910, § 1346.