The contract of suretyship is one of strict law; and the surety’s liability will not be extended by implication or interpretation.
History. Orig. Code 1863, § 2127; Code 1868, § 2122; Code 1873, § 2150; Code 1882, § 2150; Civil Code 1895, § 2968; Civil Code 1910, § 3540; Code 1933, § 103-103.
Law reviews.
For article, “Enforcing Commercial Real Estate Loan Guaranties,” see 15 (No. 2) Ga. St. B. J. 12 (2009).
For annual survey on business associations, see 70 Mercer L. Rev. 19 (2018).