California Civil Code ARTICLE 3 - Interpretation of Suretyship

  • Section 2799.
    In an assumption of liability as surety in connection with a contract, the terms of which are not then settled, it is implied that its...
  • Section 2800.
    A guaranty to the effect that an obligation is good, or is collectible, imports that the debtor is solvent, and that the demand is collectible...
  • Section 2801.
    A guaranty, such as is mentioned in the last section, is not discharged by an omission to take proceedings upon the principal debt, or upon...
  • Section 2802.
    In the cases mentioned in Section 2800, the removal of the principal from the State, leaving no property therein from which the obligation might be...

Last modified: October 22, 2018