T·R
← Search

18 GCA § 32304

Principal Liable to Surety

Guam Code AnnotatedTitle 18 — Business Structure and Function
View official PDF ↗

If a surety satisfied the principal obligation, or any part thereof, whether with or without legal proceedings, the principal is bound to reimburse what he has disbursed, including necessary costs and expenses; but the surety has no claim for reimbursement against other persons, though they may have been benefited by his act, except as prescribed by the next section.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.