A surety, who has been indemnified by the principal, is liable to the creditor to the extent of the indemnity, notwithstanding that the creditor, without the assent of the surety, may have modified the contract or released the principal.

(Amended by Stats. 1939, Ch. 453.)

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Terms Used In California Civil Code 2824

  • Contract: A legal written agreement that becomes binding when signed.