Limitation on right of surety to recover what he paid creditor

1. Law
2. Louisiana Laws
3. Civil Code
4. Limitation on right of surety to recover what he paid creditor

A surety may not recover from the principal obligor more than he paid to secure a discharge, but he may recover by subrogation such attorney's fees and interest as are owed with respect to the principal obligation.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.

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