2014 Louisiana Laws
Civil Code
CC 3047 - Rights of the surety

LA Civ Code 3047 What's This?

CHAPTER 4. THE EFFECTS OF SURETYSHIP BETWEEN

THE SURETY AND PRINCIPAL OBLIGOR

Art. 3047. Rights of the surety

A surety has the right of subrogation, the right of reimbursement, and the right to require security from the principal obligor.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.

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