Cal. Civil Code § 2849 : Suretyship — California Civil Code — Obligations — Position Of Sureties — Entitled to benefit of every security for performance of principal obligation held by creditor

Current through the 2016 Legislative Session

A surety is entitled to the benefit of every security for the performance of the principal obligation held by the creditor, or by a co-surety at the time of entering into the contract of suretyship, or acquired by him afterwards, whether the surety was aware of the security or not.