Cal. Civil Code § 2802 : Suretyship — California Civil Code — Obligations — Interpretation Of Suretyship — Removal of principal from state leaving no property from obligation may be satisfied

Current through the 2016 Legislative Session

In the cases mentioned in Section 2800, the removal of the principal from the State, leaving no property therein from which the obligation might be satisfied, is equivalent to the insolvency of the principal in its effect upon the rights and obligations of the guarantor.