GEORGIA CODE (Last Updated: August 20, 2013) |
Title 10. COMMERCE AND TRADE |
Chapter 7. SURETYSHIP |
Article 2. RELATIVE RIGHTS OF CREDITOR AND SURETY |
Section 10-7-25. Extending liability
Latest version.
- The creditor shall pursue his remedy against the surety within the time prescribed by law; and no payment or promise by the principal or by a cosurety shall extend the obligation of the surety or the remedy of the creditor against him.
Orig. Code 1863, § 2135; Code 1868, § 2130; Code 1873, § 2157; Code 1882, § 2157; Civil Code 1895, § 2975; Civil Code 1910, § 3547; Code 1933, § 103-206.