N.D. Cent. Code § 22-03-13 (2025) – Property of surety and principal hypothecated - Property of principal applied to discharge of obligation | Midpage
22-03-13
N.D. Cent. Code § 22-03-13 (2025)
Property of surety and principal hypothecated - Property of principal applied to discharge of obligation
Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.