State Codes and Statutes

Statutes > Georgia > Title-10 > Chapter-7 > Article-2 > 10-7-22

O.C.G.A. 10-7-22 (2010)
10-7-22. Discharge of surety by increase of risk

Any act of the creditor, either before or after judgment against the principal, which injures the surety or increases his risk or exposes him to greater liability shall discharge him; a mere failure by the creditor to sue as soon as the law allows or neglect to prosecute with vigor his legal remedies, unless for a consideration, shall not release the surety.

State Codes and Statutes

Statutes > Georgia > Title-10 > Chapter-7 > Article-2 > 10-7-22

O.C.G.A. 10-7-22 (2010)
10-7-22. Discharge of surety by increase of risk

Any act of the creditor, either before or after judgment against the principal, which injures the surety or increases his risk or exposes him to greater liability shall discharge him; a mere failure by the creditor to sue as soon as the law allows or neglect to prosecute with vigor his legal remedies, unless for a consideration, shall not release the surety.