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Section 433.050 Interest due on amount paid by surety.

MO Rev Stat § 433.050 (2019) (N/A)
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Effective 28 Aug 1939

433.050. Interest due on amount paid by surety. — When any bond, bill or note for the payment of money or delivery of property shall not be paid by the principal debtor, according to the tenor thereof, and such bond, bill or note, or any part thereof, shall be paid by any surety thereto, the principal debtor shall refund to such surety the amount or value so paid, with interest thereon at ten percent per annum from the time of such payment.

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(RSMo 1939 § 3324)

Prior revisions: 1929 § 2937; 1919 § 12693; 1909 § 11275

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Section 433.040 Sureties may not require suit against principal in fidelity bond.
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Section 433.060 Remedy of surety.