When guarantor exonerated

N.D. Cent. Code § 22-01-15
in effect
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22-01-15. When guarantor exonerated A guarantor is exonerated, except insofar as the guarantor may be indemnified by the principal, if, by any act of the creditor without the consent of the guarantor: 1. The original obligation of the principal is altered in any respect; or 2. The remedies or rights of the creditor against the principal in respect thereto are impaired or suspended in any manner.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://ndlegis.gov/cencode/t22c01.pdf#nameddest=22-01-15Fetched: 10/16/2026

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