Washington Code 19.72.101 – Failure of creditor to proceed — Discharge of surety
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If the creditor or obligee shall not proceed within a reasonable time to bring his or her action upon such contract, and prosecute the same to judgment and execution, the surety shall be discharged from all liability thereon.
[ 2011 c 336 § 548; Code 1881 § 645; RRS § 975. Prior: 1877 p 134 § 648; 1869 p 150 § 585; 1854 p 210 § 427. Formerly RCW 19.72.100, part.]
Terms Used In Washington Code 19.72.101
- Contract: A legal written agreement that becomes binding when signed.
- Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.