The sureties on either bond, who have been compelled to make any payments thereon for the principal obligor, have the same remedies against the sureties on all the bonds, executed at the time of the default, as cosureties on the same bond have against each other, the damages being properly proportioned according to the penalty of the several bonds.
Code 1858, § 784; Shan., § 1105; Code 1932, § 1847; T.C.A. (orig. ed.), § 8-1942.
Collateral References.
Right of guarantor or surety, in order to avoid paying amount in excess of proportionate share, to compel coguarantors or cosureties to pay their share to creditor. 38 A.L.R.3d 680.
Special bond, liability on general bond for acts covered by special bond. 4 A.L.R. 1431, 140 A.L.R. 1459.