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Texas Business & Commerce Code - Chapter 34 Principal And Surety

Legal Research Home > Texas Lawyer > Business & Commerce Code > Texas Business & Commerce Code - Chapter 34 Principal And Surety

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Texas Business & Commerce Code Section 34.01 - Definition Of Surety
In this chapter, unless the context requires a different definition, "surety" includes endorser, guarantor, drawer of a draft which has been accepted, and every other ...

Texas Business & Commerce Code Section 34.02 - Surety May Require Suit On Accrued Right Of Action
(a) When a right of action has accrued on a contract for the payment of money or performance of an act, a surety on the ...

Texas Business & Commerce Code Section 34.03 - Levy First On Principal's Property
(a) If a judgment granted against two or more defendants finds a suretyship relation between or among them, the court shall order the sheriff to ...

Texas Business & Commerce Code Section 34.04 - Subrogation Rights Of Surety
(a) A judgment is not discharged by a surety's payment of it in whole or part if the payment is compelled or, if voluntarily made, ...

Texas Business & Commerce Code Section 34.05 - Officer Compelled To Pay On Judgment Treated As Surety
(a) An officer has the rights of a surety provided in Section 34.04 of this code if compelled to pay a judgment in whole or ...

Last modified: August 11, 2007