The rescission of an agreement altering the original obligation of a debtor, or impairing the remedy of a creditor, does not restore the liability of a surety who has been exonerated by such agreement.
(Amended by Stats. 1939, Ch. 453.)
Section 2821
Civ. Code § 2821, under Exoneration of Sureties.
Civ. Code § 2821