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5 chapters · 46 sections in this title.
Miss. Code Ann. § 87-5-1 Surety discharged if creditor fails to sue the principal debtor when notified
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Any person bound as surety or accommodation indorser for another, may, at any time after the debt has become due or liability been incurred, give notice in writing to the creditor to commence and prosecute legal proceedings against the principal debtor, if living and resident wit…
Miss. Code Ann. § 87-5-11 Bona fide purchasers and encumbrancers protected
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If such judgment or decree as is referred to in Section 87-5-9 shall appear to be satisfied, either on the judgment-roll, execution docket, or other record, property conveyed or encumbered thereafter by the principal debtor or sureties to any one for a valuable consideration, wit…
Miss. Code Ann. § 87-5-13 Execution against principal and sureties; how served
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When execution shall issue on any judgment or decree rendered against a principal and surety, and the surety shall make affidavit that he is only surety on the instrument upon which the judgment or decree is founded, and deliver it to the officer serving the execution, the office…
Miss. Code Ann. § 87-5-3 Surety paying or tendering the debt
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When any person who is bound as surety or indorser for another on any writing, for the payment of money or other thing, which shall remain unpaid, in whole or in part, by the principal debtor, after the maturity thereof, shall pay or tender to the creditor or holder of such writi…
