Statutes > Georgia Statutes > TITLE 10 - COMMERCE AND TRADE > CHAPTER 7 - SURETYSHIP > ARTICLE 2 - RELATIVE RIGHTS OF CREDITOR AND SURETY > § 10-7-20 - Effect of release of or compounding with surety

§ 10-7-20 - Effect of release of or compounding with surety

O.C.G.A. 10-7-20 (2010)
10-7-20. Effect of release of or compounding with surety


The creditor may release or compound with the surety without releasing the principal, but the release of or compounding with one surety shall discharge a cosurety.