Property of surety and principal hypothecated - Property of principal applied to discharge of obligation

N.D. Cent. Code § 22-03-13
in effect
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22-03-13. Property of surety and principal hypothecated - Property of principal applied to discharge of obligation. Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t22c03.pdf#nameddest=22-03-13Fetched: 10/16/2026

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