Mississippi § 87-5-3 - Surety paying or tendering the debt.
Full text of Mississippi Mississippi Code of 1972 Annotated § 87-5-3 — Surety paying or tendering the debt., with citation guidance and answers to common questions.
§ 87-5-3. Surety paying or tendering the debt.
When any person who is bound as surety or indorser for another on any writing, for the payment of money or other thing, which shall remain unpaid, in whole or in part, by the principal debtor, after the maturity thereof, shall pay or tender to the creditor or holder of such writing the amount due thereon, the creditor or holder shall assign such writing to the surety or indorser paying or tendering the money or other thing due; and such assignee may have an action in his own name against the principal debtor upon the writing, to recover the amount paid in satisfaction of it.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 87-5-3
What does Mississippi Code of 1972 Annotated § 87-5-3 cover?
Section 87-5-3 ("Surety paying or tendering the debt.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 87-5-3?
A common citation format is "Mississippi Code of 1972 Annotated § 87-5-3" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 87-5-3 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.