Whenever property of a surety is hypothecated with the property of the principal, the surety is entitled to have the property of the principal first applied to the discharge of the obligation.
N.D. Cent. Code § 22-03-13
Property of surety and principal hypothecated - Property of principal applied to discharge of obligation
Official source: North Dakota Legislative Branch. Reproduced from public-domain North Dakota statutes; confirm against the official source for the current text. Not legal advice.