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§ 377. Exoneration of surety generally

Oklahoma Statutes AnnotatedTitle 15. Contracts

Oklahoma Statutes Annotated
Title 15. Contracts
Chapter 9. Suretyship (Refs & Annos)
General Provisions
15 Okl.St.Ann. § 377
§ 377. Exoneration of surety generally
Currentness
A surety is exonerated:
1. In like manner with a guarantor.
2. To the extent to which he is prejudiced by any act of the creditor which would naturally prove injurious to the remedies of the surety or inconsistent with his rights, or which lessens his security; or,
3. To the extent to which he is prejudiced by an omission of the creditor to do anything, when required by the surety, which it is his duty to do.

Credits

R.L.1910, § 1056.
15 Okl. St. Ann. § 377, OK ST T. 15 § 377
Current with emergency effective legislation through Chapter 257 of the Second Regular Session of the 59th Legislature (2024). Some sections may be more current, see credits for details.
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