Revised Code of Washington - RCW Title 19 Business Regulations -- Miscellaneous - Section 19.72.101 Failure of creditor to proceed -- Discharge of surety

§ 19.72.101. Failure of creditor to proceed -- Discharge of surety

If the creditor or obligee shall not proceed within a reasonable time to bring his action upon such contract, and prosecute the same to judgment and execution, the surety shall be discharged from all liability thereon.

[Code 1881 § 645; RRS § 975. Prior: 1877 p 134 § 648; 1869 p 150 § 585; 1854 p 210 § 427. Formerly RCW 19.72.100, part.]

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Last modified: April 7, 2009