Surety discharge by release of principal debtor ends guarantee when creditor's contract, act, or omission frees the debtor. A surety is discharged where the creditor's contract with the principal debtor releases the debtor, or where the creditor's act or omission legally ... Summary
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Surety discharge by release of principal debtor ends guarantee when creditor's contract, act, or omission frees the debtor.
A surety is discharged where the creditor's contract with the principal debtor releases the debtor, or where the creditor's act or omission legally discharges the principal debtor; in such cases the surety's obligation is terminated to the same extent as the principal debtor's discharge.
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