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GEORGIA STATUTES AND CODES
§ 13-4-80 - Release of another bound jointly or primarily or acceptance of higher security for same debt
O.C.G.A. 13-4-80 (2010)
13-4-80. Release of another bound jointly or primarily or acceptance of higher security for same debt
A release may result by operation of law. When a creditor releases another who is bound jointly with or primarily to a debtor or accepts from a debtor a higher security for the same debt, not intended to be collateral thereto, a release results by operation of law.
13-4-80. Release of another bound jointly or primarily or acceptance of higher security for same debt
A release may result by operation of law. When a creditor releases another who is bound jointly with or primarily to a debtor or accepts from a debtor a higher security for the same debt, not intended to be collateral thereto, a release results by operation of law.
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