Obligations for which suretyship may be established

  1. Law
  2. Louisiana Laws
  3. Civil Code
  4. Obligations for which suretyship may be established

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Suretyship may be established for any lawful obligation, which, with respect to the suretyship, is the principal obligation.

The principal obligation may be subject to a term or condition, may be presently existing, or may arise in the future.

Amended by Acts 1979, No. 711, §1; Acts 1987, No. 409, §1, eff. Jan. 1, 1988.


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