TITLE XVI. SURETYSHIP
CHAPTER 1. NATURE AND EXTENT OF SURETYSHIP
Art. 3035. Definition of suretyship
Suretyship is an accessory contract by which a person binds himself to a creditor to fulfill the obligation of another upon the failure of the latter to do so.
Acts 1987, No. 409, §1, eff. Jan. 1, 1988.
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