Public-domain · open source
OpenJurist

Cal. Civ. Code § 2795

Creation of Suretyship

Applied in 1 court decision — leading case Wolkowitz ex rel. Imperial Credit Industries, Inc. v. Federal Deposit Insurance (2008)

Most recently applied in Wolkowitz ex rel. Imperial Credit Industries, Inc. v. Federal Deposit Insurance (June 2008)

Amended by Stats. 1939, Ch. 453.

Unless notice of acceptance is expressly required, an offer to become a surety may be accepted by acting upon it, or by acceptance upon other consideration. An absolute suretyship obligation is binding upon the surety without notice of acceptance.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.