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3B:15-20 - Effect of discharge of surety
3B:15-20. Effect of discharge of surety
After discharge of a surety pursuant to this article, all his liability by virtue of his undertaking shall cease, but the personal liability of the principal in the bond shall remain.
L.1981, c. 405, s. 3B:15-20, eff. May 1, 1982.
After discharge of a surety pursuant to this article, all his liability by virtue of his undertaking shall cease, but the personal liability of the principal in the bond shall remain.
L.1981, c. 405, s. 3B:15-20, eff. May 1, 1982.
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