There is a newer version of the Georgia Code
2016 Georgia Code
Title 10 - Commerce and Trade
Chapter 7 - Suretyship
Article 3 - Rights of Surety Against Principal, Cosureties, and Third Persons
§ 10-7-50. Compelling contribution -- After paying more than equal share; effect of surety's insolvency
GA Code § 10-7-50 (2016) What's This?
Where several are sureties for the same principal for the same sum of money, either by one or by distinct instruments, and one pays more than an equal share of the sum, he may compel contribution from his cosureties. If one of the cosureties is insolvent, the deficiency in his share must be borne equally by the solvent sureties.
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