A guarantor is exonerated, except insofar as the guarantor may be indemnified by the principal, if, by any act of the creditor without the consent of the guarantor: 1. The original obligation of the principal is altered in any respect; or 2. The remedies or rights of the creditor against the principal in respect thereto are impaired or suspended in any manner.
When guarantor exonerated
N.D.C.C. § 22-01-15 — under Guaranty.
N.D.C.C. § 22-01-15