State Codes and Statutes

Statutes > Louisiana > Cc > Cc3045

CHAPTER 3.- THE EFFECTS OF SURETYSHIP BETWEEN

THE SURETY AND CREDITOR

Art. 3045. Liability of sureties to creditor; division and discussion abolished

A surety, or each surety when there is more than one, is liable to the creditor in accordance with the provisions of this Chapter, for the full performance of the obligation of the principal obligor, without benefit of division or discussion, even in the absence of an express agreement of solidarity.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3045

CHAPTER 3.- THE EFFECTS OF SURETYSHIP BETWEEN

THE SURETY AND CREDITOR

Art. 3045. Liability of sureties to creditor; division and discussion abolished

A surety, or each surety when there is more than one, is liable to the creditor in accordance with the provisions of this Chapter, for the full performance of the obligation of the principal obligor, without benefit of division or discussion, even in the absence of an express agreement of solidarity.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.


State Codes and Statutes

State Codes and Statutes

Statutes > Louisiana > Cc > Cc3045

CHAPTER 3.- THE EFFECTS OF SURETYSHIP BETWEEN

THE SURETY AND CREDITOR

Art. 3045. Liability of sureties to creditor; division and discussion abolished

A surety, or each surety when there is more than one, is liable to the creditor in accordance with the provisions of this Chapter, for the full performance of the obligation of the principal obligor, without benefit of division or discussion, even in the absence of an express agreement of solidarity.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.