Statute · California Civil Code
Cal. Civ. Code § 2854 — Position of Sureties
Cal. Civ. Code § 2854
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Current through
- Nov 2, 2026 (California Legislative Counsel)
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.
Citator
Cal. Civ. Code § 2854 — Position of Sureties is in force in the current edition of the Code, and nothing recorded condemns it.
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.