Statutes, codes, and regulations
North Dakota Century Code
Title 22 - GUARANTY, INDEMNITY, AND SURETYSHIP
Chapter 22-01 - GUARANTY
Section 22-01-17 - Guarantor liability not revived after exoneration

N.D. Cent. Code § 22-01-17

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Current through 2023 Legislative Sessions
Section 22-01-17 - Guarantor liability not revived after exoneration

The rescission of an agreement altering the original obligation of a debtor or impairing the remedy of a creditor does not restore the liability of a guarantor who has been exonerated by such agreement.

N.D.C.C. § 22-01-17