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2018 Georgia Code 10-7-26 | Car Wreck Lawyer

Link to State of Georgia Official Statute 2018 Georgia Code Annotated (sourced from legal.resource.org)
O.C.G.A. 10-7-26 Case Law from Google Scholar Amendments to OCGA 10-7-26

TITLE 10 COMMERCE AND TRADE

Section 7. Suretyship, 10-7-1 through 10-7-57.

ARTICLE 2 RELATIVE RIGHTS OF CREDITOR AND SURETY

10-7-26. Promise to pay in ignorance of discharge.

If by an act of the creditor the surety is discharged and in ignorance of the fact of the discharge the surety promises to pay, the promise shall not be binding.

(Orig. Code 1863, § 2136; Code 1868, § 2131; Code 1873, § 2158; Code 1882, § 2158; Civil Code 1895, § 2976; Civil Code 1910, § 3548; Code 1933, § 103-207.)

JUDICIAL DECISIONS

This section applies when there is discharge. Langston v. Aderhold, 60 Ga. 376 (1878).

New promise by surety not binding if discharge not known.

- If an endorser being discharged for want of notice of nonpayment promises to pay, making the promise in ignorance of the endorser's legal rights, the endorser will not be bound. Langston v. Aderhold, 60 Ga. 376 (1878).

A new promise to pay the obligation, made by a surety in ignorance of the fact that the surety has been released and discharged, is not binding. Crandall v. Shepard, 166 Ga. 889, 144 S.E. 772 (1928).

Cited in Hattaway v. First Nat'l Bank, 175 Ga. 144, 165 S.E. 7 (1932).

RESEARCH REFERENCES

Am. Jur. 2d.

- 74 Am. Jur. 2d, Suretyship, § 43.

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