Surety’s Rights Against Co-Sureties

Surety's Rights Against Co-Sureties

The rights of a surety in relation to co-sureties pertain to the legal safeguards available when multiple sureties are involved in securing the same obligation. These rights are designed to prevent any surety from shouldering more than their equitable share of the debt and to allow them to seek reimbursement or contribution from co-sureties if … Read more