8-19-408 - Contribution between sureties of different bonds. - Tennessee Statutes

8-19-408. Contribution between sureties of different bonds.

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.]