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Statutes > Ohio Laws > Title [13] XIII COMMERCIAL TRANSACTIONS - OHIO UNIFORM COMMERCIAL CODE > Chapter 1341: SURETIES > 1341.20 Surety may have action for indemnity before debt due.

STATE STATUTES & CODES

OHIO STATUTES AND CODES

1341.20 Surety may have action for indemnity before debt due.

1341.20 Surety may have action for indemnity before debt due.

A surety may maintain an action against his principal to obtain indemnity against the debt or liability for which he is bound, before it is due, whenever any of the grounds exist upon which an order may be made for arrest of a debtor, or for an attachment.

Effective Date: 10-01-1953

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