Del. Code tit. 18 § 7709
Current through 2024 Legislative Session Act Chapter 269
Where any persons are bound in any bond, bill or other writing made payable to any person, his executors, administrators, order or assigns, and the money due thereon or any balance thereof, shall be paid or tendered by a surety therein, the obligee shall be obliged to assign such bond, bill or other writing to such surety, and such assignee shall, by virtue of such assignment, have an action in his own name thereon against the principal debtor or his representative.
18 Del. C. § 7709