There is a newer version
of
this Section
2017 Georgia Code
Title 10 - Commerce and Trade
Chapter 7 - Suretyship
Article 2 - Relative Rights of Creditor and Surety
§ 10-7-22. Discharge of surety by increase of risk
Universal Citation: GA Code § 10-7-22 (2017)
Any act of the creditor, either before or after judgment against the principal, which injures the surety or increases his risk or exposes him to greater liability shall discharge him; a mere failure by the creditor to sue as soon as the law allows or neglect to prosecute with vigor his legal remedies, unless for a consideration, shall not release the surety.
Disclaimer: These codes may not be the most recent version. Georgia may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.