28-11-418. Surety entitled to benefit of security held by creditor or cosurety.
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/mt/title-28/chapter-11/part-4/28-11-418·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
28-11-418 . Surety entitled to benefit of security held by creditor or cosurety. A surety is entitled to the benefit of every security for the performance of the principal obligation held by the creditor or by a cosurety at the time of entering into the contract of suretyship or acquired by the creditor or cosurety afterwards, whether the surety was aware of the security or not.