First State Bank, Hickman v. Peterson

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• stating that \[i]t is a general rule of suretyship that a surety is discharged only pro tanto by any wrongful loss or release of security\
• holding that under § 3-606, “a guarantor who is a party to the instrument is discharged by an unjustifiable impairment of collateral” and that under “a general rule of suretyship,” a surety is “discharged only pro tanto by any wrongful loss or release of security”

Source: CourtListener parenthetical corpus (CC0).