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Home » US Law » 2022 Louisiana Laws » Civil Code » TITLE XVI. SURETYSHIP CHAPTER 1. NATURE AND EXTENT OF SURETYSHIP » Art. 3039. Suretyship requires no formal acceptance

Art. 3039. Suretyship requires no formal acceptance

Suretyship is established upon receipt by the creditor of the writing evidencing the surety’s obligation. The creditor’s acceptance is presumed and no notice of acceptance is required.

Acts 1987, No. 409, §1, eff. Jan. 1, 1988.