Security to which surety is entitled - Subrogation

N.D.C.C. § 22-03-12, under Suretyship.

N.D.C.C. § 22-03-12

A surety is entitled to the benefit of every security for the performance of the principal obligation held by the creditor or by a cosurety at the time of entering into the contract of suretyship or acquired by the surety afterwards, whether the surety was aware of the security or not.