3B:15-20. Effect of discharge of surety
40 words·~1 min read·
/nj/title-3b/chapter-15/3b-15-20·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
After discharge of a surety pursuant to this article, all his liability by virtue of his undertaking shall cease, but the personal liability of the principal in the bond shall remain.
L.1981, c. 405, s. 3B:15-20, eff. May 1, 1982.