Statutes, codes, and regulations
Montana Code
Title 28 - CONTRACTS AND OTHER OBLIGATIONSChapter 11 - GUARANTY, INDEMNITY, AND SURETYSHIP
Part 4 - SURETYSHIP
Section 28-11-420 - Principal's property to be taken first

Mont. Code § 28-11-420

Download
PDF
Current through the 2023 Regular Session
Section 28-11-420 - Principal's property to be taken first

Whenever property of a surety is hypothecated with property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.

§ 28-11-420, MCA

En. Sec. 3696, Civ. C. 1895; re-en. Sec. 5693, Rev. C. 1907; re-en. Sec. 8208, R.C.M. 1921; Cal. Civ. C. Sec. 2850; Field Civ. C. Sec. 1571; re-en. Sec. 8208, R.C.M. 1935; R.C.M. 1947, 30-507.