California Civil Code

§ 2854

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

CIV § 2854Div. 3 · Title 13 · Part 4 · Art. 7

Statute text

View on leginfo.ca.gov

A creditor is entitled to the benefit of everything which a surety has received from the debtor by way of security for the performance of the obligation, and may, upon the maturity of the obligation, compel the application of such security to its satisfaction.

Legislative history

Enacted 1872.