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Principal and Surety

  1. Law
  2. Mississippi Code
  3. Contracts and Contractual Relations
  4. Principal and Surety

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Section
87-5-1

Surety discharged if creditor fails to sue the principal debtor when notified

Section
87-5-3

Surety paying or tendering the debt

Section
87-5-5

Surety company may maintain action against defaulting principal

Section
87-5-7

Surety or indorser, when sued alone, must notify principal and make defense

Section
87-5-9

Surety paying a judgment

Section
87-5-11

Bona fide purchasers and encumbrancers protected

Section
87-5-13

Execution against principal and sureties; how served

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