Statutes, codes, and regulations
CODE OF GEORGIA
Title 10 - COMMERCE AND TRADEChapter 7 - SURETYSHIP
Article 3 - RIGHTS OF SURETY AGAINST PRINCIPAL, COSURETIES, AND THIRD PERSONS
Section 10-7-57 - Substitution in place of creditor as to securities held by creditor

Ga. Code § 10-7-57

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Current through 2023-2024 Legislative Session Chapter 709
Section 10-7-57 - Substitution in place of creditor as to securities held by creditor

A surety who has paid the debt of his principal shall also be entitled to be substituted in place of the creditor as to all securities held by him for the payment of the debt.

OCGA § 10-7-57