California Civil Code 2847 – If a surety satisfies the principal obligation, or any part thereof, …
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If a surety satisfies the principal obligation, or any part thereof, whether with or without legal proceedings, the principal is bound to reimburse what he has disbursed, including necessary costs and expenses; but the surety has no claim for reimbursement against other persons, though they may have been benefited by his act, except as prescribed by the next section.
(Enacted 1872.)
Terms Used In California Civil Code 2847
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.