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Part 1. Guaranty -- General Provisions
28-11-101. Guaranty defined - 28-11-101. Guaranty defined. A guaranty is a promise to answer...
28-11-102. Knowledge or consent of principal not required - 28-11-102. Knowledge or consent of principal not required. A person...
28-11-103. When separate consideration required - 28-11-103. When separate consideration required. When a guaranty is entered...
28-11-104. Guaranty generally to be in writing -- form - 28-11-104. Guaranty generally to be in writing -- form. Except...
28-11-105. When guaranty considered original obligation and need not be in writing - 28-11-105. When guaranty considered original obligation and need not be...
28-11-106. When notice of acceptance necessary to bind guarantor - 28-11-106. When notice of acceptance necessary to bind guarantor. A...
28-11-107. When guaranty considered unconditional - 28-11-107. When guaranty considered unconditional. A guaranty is to be...
28-11-108. Continuing guaranty -- definition -- revocation - 28-11-108. Continuing guaranty -- definition -- revocation. (1) A guaranty...
Part 2. Guaranty -- Liability and Exoneration of Guarantor
28-11-201. Obligation of guarantor not to exceed that of principal - 28-11-201. Obligation of guarantor not to exceed that of principal....
28-11-202. Liability under guaranty of incomplete contract - 28-11-202. Liability under guaranty of incomplete contract. In a guaranty...
28-11-203. Liability under guaranty of illegal contract or contract void against principal - 28-11-203. Liability under guaranty of illegal contract or contract void...
28-11-204. Liability under guaranty that obligation is good or collectible - 28-11-204. Liability under guaranty that obligation is good or collectible....
28-11-205. When guarantor of payment or performance becomes liable - 28-11-205. When guarantor of payment or performance becomes liable. A...
28-11-206. Liability upon guaranty of conditional obligation -- notice of default - 28-11-206. Liability upon guaranty of conditional obligation -- notice of...
28-11-207. through 28-11-210 reserved - 28-11-207 through 28-11-210 reserved.
28-11-211. When guarantor exonerated - 28-11-211. When guarantor exonerated. (1) A guarantor is exonerated, except...
28-11-212. Rescission of alteration -- liability not restored - 28-11-212. Rescission of alteration -- liability not restored. The rescission...
28-11-213. Guarantor not exonerated by delay of creditor - 28-11-213. Guarantor not exonerated by delay of creditor. Mere delay...
28-11-214. Guarantor not exonerated by discharge of principal - 28-11-214. Guarantor not exonerated by discharge of principal. A guarantor...
28-11-215. Exoneration of guarantor indemnified by principal - 28-11-215. Exoneration of guarantor indemnified by principal. A guarantor who...
28-11-216. Effect of part performance on guarantor's liability - 28-11-216. Effect of part performance on guarantor's liability. The acceptance...
Part 3. Indemnity
28-11-301. Indemnity defined - 28-11-301. Indemnity defined. Indemnity is a contract by which one...
28-11-302. Indemnity for future unlawful act void - 28-11-302. Indemnity for future unlawful act void. An agreement to...
28-11-303. Indemnity for past wrongful act valid - 28-11-303. Indemnity for past wrongful act valid. An agreement to...
28-11-304. Indemnity extended to acts of agents - 28-11-304. Indemnity extended to acts of agents. An agreement to...
28-11-305. Indemnification of several persons - 28-11-305. Indemnification of several persons. An agreement to indemnify several...
28-11-306. through 28-11-310 reserved - 28-11-306 through 28-11-310 reserved.
28-11-311. Person indemnifying liable jointly and severally - 28-11-311. (Temporary) Person indemnifying liable jointly and severally. Except as...
28-11-312. When person indemnifying entitled to reimbursement - 28-11-312. When person indemnifying entitled to reimbursement. If a person...
28-11-313. Interpretation of contract of indemnity - 28-11-313. Interpretation of contract of indemnity. In the interpretation of...
28-11-314. When and what person indemnified entitled to recover - 28-11-314. When and what person indemnified entitled to recover. (1)...
28-11-315. Costs of defense - 28-11-315. Costs of defense. An indemnity against claims, demands, or...
28-11-316. Duty of person indemnifying to defend - 28-11-316. Duty of person indemnifying to defend. The person indemnifying...
28-11-317. When judgment not conclusive against person indemnifying - 28-11-317. When judgment not conclusive against person indemnifying. (1) If...
Part 4. Suretyship
28-11-401. Surety defined - 28-11-401. Surety defined. A surety is one who, at the...
28-11-402. When apparent principal may show surety - 28-11-402. When apparent principal may show surety. A person who...
28-11-403. Interpretation of contract of suretyship - 28-11-403. Interpretation of contract of suretyship. In interpreting the terms...
28-11-404. Suretyship unaffected by judgment against surety - 28-11-404. Suretyship unaffected by judgment against surety. Notwithstanding the recovery...
28-11-405. through 28-11-410 reserved - 28-11-405 through 28-11-410 reserved.
28-11-411. Extent of surety's liability - 28-11-411. Extent of surety's liability. A surety cannot be held...
28-11-412. Exoneration of surety - 28-11-412. Exoneration of surety. A surety is exonerated: (1) in...
28-11-413. Effect of performance or offer of performance on surety's liability - 28-11-413. Effect of performance or offer of performance on surety's...
28-11-414. Application to surety of rights of guarantor - 28-11-414. Application to surety of rights of guarantor. A surety...
28-11-415. Power of surety to compel principal to perform - 28-11-415. Power of surety to compel principal to perform. A...
28-11-416. When surety may require creditor to pursue remedy - 28-11-416. When surety may require creditor to pursue remedy. A...
28-11-417. Surety's right to reimbursement and contribution - 28-11-417. Surety's right to reimbursement and contribution. (1) If a...
28-11-418. Surety entitled to benefit of security held by creditor or cosurety - 28-11-418. Surety entitled to benefit of security held by creditor...
28-11-419. Creditor entitled to benefit of security held by surety - 28-11-419. Creditor entitled to benefit of security held by surety....
28-11-420. Principal's property to be taken first - 28-11-420. Principal's property to be taken first. Whenever property of...