The "Surety" and Article 3: A New Identity for an Old Friend

Authors

Raymond A. Noble

Abstract

The focus of this article is on the sections of Article 3 of the Uniform Commercial Code that purportedly pertain to sureties. The author examines these sections, and the comments thereto, to determine if they can be reconciled with common-law surety concepts. The operative consideration, he contends, is the existence of a party's "right of recourse," a consideration which most courts, unfortunately, have neglected in their analyses.

First Page

245

Recommended Citation

Raymond A. Noble, The "Surety" and Article 3: A New Identity for an Old Friend, 19 Duq. L. Rev. 245 (1981).
Available at: https://dsc.duq.edu/dlr/vol19/iss2/4